CMS advises FFG owner families on completion of combination with DEUTZ

Deals

Frankfurt/M. - The combination of FFG Flensburger Fahrzeugbau Gesellschaft mbH (FFG) with DEUTZ AG has been successfully completed. With the closing of the transaction, the previous owner families have transferred all shares in FFG to DEUTZ AG. In return, they receive a cash component as well as newly issued DEUTZ shares, giving them a stake of up to 29.9 percent in the DEUTZ Group.

A CMS team led by Dr Hendrik Hirsch and Dr Hilke Herchen comprehensively advised the FFG owner families on the complex transaction through to successful completion. The advice covered in particular the structuring and negotiation of the transaction, the stake in listed DEUTZ AG, and corporate, capital markets and regulatory issues.

The interplay between the transaction and the structuring and succession planning of the owner families was advised on by a team from Ehler Ermer & Partner (EEP). EEP advises the four owner families on an ongoing basis on succession planning in corporate, tax and foundation law matters.

With the combination, FFG and DEUTZ pool their capabilities in the European defence sector. While FFG specialises in the development and production of military land and special-purpose vehicles, DEUTZ contributes in particular its expertise in drive and energy solutions as well as its international service network. The previous FFG owner families remain invested in DEUTZ AG as anchor shareholders and will support the strategic development of the group.

CMS
Dr. Hendrik Hirsch, Partner
Dr. Hilke Herchen, Partnerin
Dominik von Zehmen, Partner
Dr. Dirk Baukholt, Principal Counsel
Dr. Maximilian Stark, Counsel
Julia Fünfgeld, Senior Associate
Anne-Marie Gerstner, Associate
Pia Konle, Associate (alle Corporate/M&A)
Kai Neuhaus, Partner
Benedikt Sichla, Associate (beide Antitrust, Competition & Trade)
Dr. Andreas Heim, Partner
Johannes Ketzer, Senior Associate (beide Commercial)
Dr. Rainer Runte, Of Counsel (Compliance & Task Force Defense)
Dr. Andreas Hofelich, Partner
Dr. Boris Alles, Partner (beide Labor, Employment & Pensions)
Dr. Jasper Philippi, Partner (Private Clients)
Dr. Martin Friedberg, Partner
Luise Uhl-Ludäscher, Principal Counsel
Steffen Preis, Senior Associate (alle Tax)

This text was automatically translated from the German original.