The merger process in the temporary employment sector continues. Allbecon AG listed on the stock
exchange has merged with the sixth largest temporary employment agency in the Netherlands, Olympia
Uitzendgroep B.V. The complex structure of the transaction included the contribution of all Olympia
Uitzendgroep B.V.'s shares to a holding company (Overdrive Projekt AG) founded for this purpose by
means of a capital increase through contributions in kind followed by the merger of Allbecon AG
with the Overdrive Projekt AG. In a further step Overdrive Projekt AG will then be listed on the
Frankfurt Stock Exchange under the name of Allbecon Olympia AG. Before the merger agreement takes
effect approval by the shareholders' meeting of Allbecon AG is required.
The company that emerges from the merger will operate in seven European countries with over
8,900 employees offering qualified temporary work.
Advisors Olympia Group and Overdrive Projekt AG
CMS Hasche Sigle
Klaus Jäger (M&A, head advisor), Dr Andreas Zanner (capital market)
Associates: Dr Jochen Schlotter, Dr Markus Rasner, Karsten Hilmer (all capital markets),
Hagen Weishaupt, Dr Malte Bruhns, Dr Marcel Hagemann (all M & A), Dr Björn Otto, Dr Catherine
Soulas (both employment)
CMS Alliance
Roman Tarlavski (CMS Derks Star Busmann), Diana Rodriguez (CMS Albiñana & Suárez de
Lezo), Marco Casasole (CMS Adonnino Ascoli & Cavasola Scamoni), Bogdan Duda (CMS Cameron
McKenna LLP), Dr Kaspar Landolt (CMS von Erlach Henrici)
Contact CMS Hasche Sigle:
Klaus Jäger
Tel.: +49 (0)221 7716-131
E-mail:
Klaus.Jaeger@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, 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 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 http://
www.cmslegal.com
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