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CMS Hasche Sigle advises 3i on the acquisition of a holding in Gries-Depot company

02/12/2004

The financial investor 3i has acquired an interest in the rapidly growing retail chain "Das Depot" in the course of a generation change. Headed by its Frankfurt partner Katja Pohl, a team from CMS Hasche Sigle advised the financial investor on the acquisition of a total holding of 40 %. At the same time the former main shareholder, Michael Gries, transferred the majority of his holding to his son, Christian Gries, director of "Das Depot". The company, established in 1948 and originally only active in wholesale market has been expanded by Christian Gries in recent years into a successful and expanding retail trader of decor items, gifts and living accessories. The plan is to increase the current 60 branches in Germany and abroad in the next few years to up to 150 retail outlets in Germany alone. 
Katja Pohl (corporate) was assisted by Till B. Liebau and Dr Markus Rasner (both corporate and due diligence) and by Dr Stefan Lehr (competition law). 
Contact CMS Hasche Sigle: 
Katja Pohl 
Tel.: +49 (0)69 / 71701-345 
E-mail: [email protected] 
Advisors to 3i: 
CMS Hasche Sigle 
Katja Pohl, partner, Frankfurt (team leader, corporate) 
Till B. Liebau, associate, Frankfurt; 
Dr Markus Rasner, associate, Frankfurt (both corporate, due diligence); 
Dr Stefan Lehr, partner, Frankfurt (competition) 
Background: 
CMS Hasche Sigle is one of the leading German law firms with more than 350 lawyers. It covers the entire area of commercial law and provides legal advice to major German and international companies from a wide spectrum of industry. 
CMS Hasche Sigle operates at all the major business centres. It has offices in Berlin, Duesseldorf, Frankfurt, Hamburg, Leipzig, Munich, Stuttgart, Chemnitz, Dresden, Brussels, Belgrade, Moscow, Prague and Shanghai. 
The law firm is a founding partner of CMS, a European association of reputable law firms with more than 1,900 lawyers. In addition to CMS Hasche Sigle, the following firms are also members of the CMS association: CMS Adonnino Ascoli & Cavasola Scamoni (Italy), CMS Albiñana & Suárez de Lezo (Spain), CMS Bureau Francis Lefebvre (France), CMS Cameron McKenna (UK), CMS Derks Star Busmann (the Netherlands), CMS von Erlach Klainguti Stettler Wille (Switzerland), CMS Lexcelis (Belgium) and CMS Reich-Rohrwig Hainz (Austria) with a total of 56 offices in 24 jurisdictions. This network enables CMS Hasche Sigle to offer integrated and extensive legal advice for cross-border projects. 
Further information: 
CMS Hasche Sigle Partnerschaft von Rechtsanwälten und Steuerberatern 
Contact details/List of partners at www.cms-hs.com