Deutsche Bahn and the Kingdom of Denmark today signed an agreement for the sale of all their
shares in Scandlines AG to a consortium of investors comprising Deutsche Seereederei, Allianz
Capital Partners and 3i.
Led by Jost Kienzle and Christian von Lenthe, a team from CMS Hasche Sigle advised Allianz
Capital Partners and Deutsche Seereederei.
To date Deutsche Bahn and the Kingdom of Denmark each held 50 percent in the company. 3i and
Allianz Capital have each acquired 40 percent. Deutsche Seereederei secured 20 percent. The volume
of the transaction amounted to 1.5 billion euros. The supervisory board of Deutsche Bahn and the
Danish parliamentary bodies still have to consent to the sale.
With 24 ships and approx. 2700 employees Scandlines serves twelve routes between Germany,
Denmark, Sweden and the Baltics. In 2006 the shipping company transported about 20 million
passengers, 4.2 million cars and one millions trucks. A surplus of 103 million euros was reported
for 2006. Turnover amounted to 547 million euros.
Deutsche Seereederei group, domiciled in Rostock and employing more than 2200 employees,
achieved a turnover of 258 million euros in 2006.
Allianz Capital Partners, a private equity company founded in 1998 by Allianz, has to date
invested a total of about 2.7 billion euros in 20 companies.
Advisers to Deutsche Seereederei GmbH and Allianz Capital Partners GmbH
CMS Hasche Sigle
Dr Christian von Lenthe, (Corporate, Lead Partner)
Dr Jost Kienzle (Maritime Industry, Commercial, Lead Partner)
Dr Martin Kuhn (Corporate)
Dr Antje Becker (Corporate)
Dr Hilke Herchen (Corporate)
Dorothée Janzen (Corporate)
Dr Albrecht Wendenburg (Corporate, M&A)
Dr Fritz v. Hammerstein (Public Law)
Dr Hjalmar Vagt (Public Law)
Matthias Schlingmann (Maritime Industry, Commercial)
Dr Malte Grützmacher (IP, IT/Telecommunications)
Ilse Rohr (IP)
Petra Goldenbaum (IP)
Dr Holger Langer (Property)
Jürgen Siemers (Employment)
Andrea Wagner (Employment)
Contact CMS Hasche Sigle:
Dr Christian von Lenthe
Tel. +49 (0)40 / 376 30-317
Email:
Christian.Lenthe@cms-hs.com
Dr Jost Kienzle
Tel. +49 (0)40 / 376 30-0
Email:
Jost.Kienzle@cms-hs.com
About CMS Hasche Sigle:
CMS Hasche Sigle is one of the leading German law firms with more than 480 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. It has offices in Berlin, Cologne, Duesseldorf,
Frankfurt, Hamburg, Leipzig, Munich, Stuttgart, Chemnitz, Dresden, Brussels, Belgrade, Moscow and
Shanghai.
CMS Hasche Sigle is a partnership of lawyers and tax consultants; for register details / list of
partners see
www.cms-hs.com.
CMS Hasche Sigle is a member of CMS, an alliance of leading independent European law firms. With
over 595 partners, a total of 2,000 lawyers and tax consultants and around 4,200 support staff we
advise our clients at commercial locations in 48 business centres in Europe and further afield on
legal and tax issues.
In addition to CMS Hasche Sigle, the following firms are also members of the CMS alliance: CMS
Adonnino Ascoli & Cavasola Scamoni (Italy), CMS Albiñana & Suárez de Lezo (Spain), CMS
Bureau Francis Lefebvre (France), CMS Cameron McKenna LLP (Great Britain), CMS DeBacker (Belgium),
CMS Derks Star Busmann (the Netherlands), CMS von Erlach Henrici (Switzerland) and CMS
Reich-Rohrwig Hainz (Austria). CMS has 58 offices in 25 countries around the world.
For further information on CMS Hasche Sigle see
www.cms-hs.com and on the CMS alliance see
http://www.cmslegal.com.
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