CMS Hasche Sigle advises management of trans-o-flex on management buy-out

The Berlin-based Odewald & Compagnie Gesellschaft für Beteiligung mbH has acquired all of the shares in Weinheimer trans-o-flex Schnell-Lieferdienst GmbH from the former shareholders, Deutsche Post AG (24.8 %) and BayernFinanz Gesellschaft für Finanzmanagement und Beteiligungen mbH (75.2 %). The former and future management of trans-o-flex have participations in the purchasing company. Stuttgart partners Dr Rolf Schmidt-Diemitz, Dr Peter Baisch (both corporate) and Dr Achim Lindemann (employment) advised the management on the management buy-out. The purchase price of the transaction, which is still subject to clearance from the cartel authority, was not disclosed.

trans-o-flex is one of Europe's leading combi freight providers. In 2004 the company generated a turnover of 430.8 million euros.


Advisors

Management of trans-o-flex Schnell-Lieferdienst GmbH
CMS Hasche Sigle
Dr Rolf Schmidt-Diemitz, partner, Stuttgart (corporate)
Dr Peter Baisch, partner, Stuttgart (corporate)
Dr Achim Lindemann, partner, Stuttgart (employment)

Odewald & Compagnie Gesellschaft für Beteiligungen mbH
Pöllath und Partner
Dr. Benedikt Hohaus, Munich


Contact CMS Hasche Sigle:
Dr Peter Baisch, partner
Tel.: +49 (0) 711 / 9764-286
E-mail: Peter.Baisch@cms-hs.com



Background

CMS Hasche Sigle is one of the leading German law firms with more than 420 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, Prague 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 European law firms. With over 575 partners, a total of 2,000 lawyers and tax consultants and around 3,800 support staff we advise our clients in 24 countries in and outside Europe on legal and tax issues.

Local strength and legal 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 (Great Britain), CMS DeBacker (Belgium), CMS Derks Star Busmann (the Netherlands), CMS von Erlach Klainguti Stettler Wille (Switzerland) and CMS Reich-Rohrwig Hainz (Austria). CMS has 57 offices in 24 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 .