Hamburg – Viking Life-Saving Equipment A/S of Esbjerg, Denmark, has acquired all the shares in Hamburg-based ship chandler HYGRAPHA Sicherheit auf See GmbH & Co. KG. The current shareholders and managing directors, Rüdiger Steinbach and Wolfgang Lünenbürger, remain in the company.
A CMS team led by Dr Sebastian Orthmann advised Viking Life-Saving Equipment A/S on all legal aspects of the transaction.
HYGRAPHA is a leading supplier of approved and certified safety equipment to business partners worldwide. Founded in 1979, the company specialises in supplying a broad range of marine and occupational safety items.
By acquiring HYGRAPHA, market leader Viking is reinforcing its position in maritime safety and associated equipment. Viking employs some 1,300 people at 52 locations worldwide.
Advisers CMS Hasche Sigle:
Dr Sebastian Orthmann, M&A
Dr Arne Burmester, M&A
Bernd Roock, Employment Law
Oral Adenli, Employment Law
Dr Fabian Kiderlen, Tenancy Law
Dr Markus Schöner, Competition
Julia Taenzler-Motzek, Distribution Law China