München, 12.08.2024 – Private equity investor Fidelium Partners has acquired the J.W. Ostendorf and Renaulac business activities in Germany and France from Hempel A/S, a world-leading supplier of paint and coatings based in Denmark. The acquisition includes the production site in Germany, the stores in France, around 500 employees and the customer base. Other details of the transaction were not disclosed.
A CMS team comprising partner Jörg Schrade and Christian Linseisen advised Fidelium Partners on selected tax aspects of the transaction.
Munich-based Fidelium Partners is an investment company with a focus on complex corporate carve-outs. The PE investor specialises in businesses throughout Europe with potential for operational improvement.
CMS Germany
Jörg Schrade, Lead Partner
Christian Linseisen, Senior Associate, both Tax
Inhouse at Fidelium Partners
Dr Benjamin Leuchten, General Counsel, Legal
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