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CMS Hasche Sigle advises PPG Industries on acquisition of Dyrup Group

05/01/2012

Hamburg – PPG Industries, a leading manufacturer of paints and coatings with worldwide operations, has acquired the European market leader for wood care products, the Dyrup Group. All the suspensive conditions of the purchase agreement have now been met. The value of the transaction is EUR 115 million.

A team from CMS Hasche Sigle led by lead partner Dr Sebastian Orthmann advised PPG Industries on the cross-border transaction. The law firm played a key role in due diligence, drawing up the purchase agreement and preparations for closing with regard to the German subsidiary of Dyrup A/S. PPG Industries also leveraged the expertise of the European CMS organisation. CMS Reich-Rohrwig Hainz and CMS Bureau Francis Lefebvre advised on the transaction in relation to the Dyrup A/S subsidiaries in Austria and France.

Advisers CMS Hasche Sigle

Dr Sebastian Orthmann, M&A, Corporate, Lead Partner
Philipp Weber, M&A, Corporate
Dr Tim Reher, Distribution and Competition
Dr Nantje Johnston, Distribution and Competition
Ann-Christin Richter, Distribution and Competition
Friedrich Graf von Luckner, Patent and Trademark Law
Beate Engin, Public Commercial Law
Dr Konrad Walter, Public Commercial Law

Press Contact
presse@cms-hs.com

Press releases
PR_Dyrup_05_01_2012_en
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