CMS Hasche Sigle advises LBBW on its interest in Munich leasing company

CMS Hasche Sigle has advised Landesbank Baden-Württemberg on its interest in LHI Leasing GmbH and the sale of the real estate leasing and funds activities to LHI Leasing GmbH. LBBW has acquired a 51 % interest in LHI from the former sole shareholder Norddeutsche Landesbank Girozentrale, which continues to have an interest of 49 % in LHI. LHI has 230 employees nationwide and manages assets of approx. 19 billion euros. Stuttgart partner Dr Thomas Meyding led the transaction for LBBW with partners Dr Karsten Heider and Dr Claus-Peter Fabian.

In the framework of the participation LBBW has passed on its real estate leasing and funds activities bundled in SüdLeasing GmbH to LHI. LBBW and NORD/LB intend the LHI group to thus become a competence centre for activities in the field of real estate leasing, real estate funds, movable equipment funds and funds for immaterial economic assets in the LBBW and NORD/LB group.

With a balance sheet total of EUR 405 billion last year, approx. 240 branches and 23 support points worldwide Landesbank Baden-Württemberg with approx. 12,550 employees in the group is the largest bank in south-west Germany. In the Federal Republic of Germany LBBW is one of the five largest credit institutions, worldwide one of the 50 largest banks. Its main branches are in Stuttgart, Karlsruhe and Mannheim.


Advisors LBBW

CMS Hasche Sigle:
Dr Thomas Meyding – lead partner(M&A/Corporate)
Dr Karsten Heider (M&A/Corporate)
Dr Claus-Peter Fabian (M&A/Corporate)


Advisors Norddeutsche Landesbank/ LHI

Göhmann Wrede Haas Kappus & Hartmann

Axel Müller-Eising
Dr Florian Hartl


Contact CMS Hasche Sigle:

Dr Thomas Meyding
Tel.: +49 (0) 711 / 97 64-388
E-mail: Thomas.Meyding@cms-hs.com



About CMS Hasche Sigle:

CMS Hasche Sigle is one of the leading German law firms with more than 450 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, Cologne, Duesseldorf, Frankfurt, Hamburg, Leipzig, Munich, Stuttgart, Chemnitz, Dresden, Brussels, Belgrade, Moscow and Prague.

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 47 business centres in Europe and further afield on legal and tax issues.

Local strength, legal and tax advice tailored to the requirements of the market combined with a substantial amount of business and organisational integration form the basis for high-quality international legal advice.

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 57 offices in 23 countries in Western and Central Europe, North and South America, Asia and North Africa.

For further information on CMS Hasche Sigle see www.cms-hs.com and on the CMS alliance see www.cmslegal.com .