Noerr has advised the Danish financial investor Axcel, acting via the Axcel IV fund, on its acquisitions of SFK LEBLANC, Carometec, Attec, ITEC — all high tech European suppliers to the meat-processing industry.
The companies acquired operate across Europe and are owner-managed, except for SKF LEBLANC, which was owned by the Maj Invest and Nimbus investment companies. Total turnover at all four companies is around EUR 150 million.
The Danish buyers were advised by the Danish Gorrissen Federspiel law firm in Denmark, and the cross-border Noerr team advised Axcel on German, Polish, and Russian aspects of the transactions. In Germany, Noerr advised both on the acquisition of ITEC and on the German legal aspects of the acquisition financing; in Poland, Noerr acted as local counsel in the Attec and Carometec transactions; and in Russia, Noerr advised on the antitrust law aspects of acquiring SFK LEBLANC.
The firm’s team was led by led by Berlin-based Partner Tibor Fedke and London-based Associate Robert Korndorfer, and included London-based Partner Thomas Schulz, Frankfurt-based Partner Tom Beckerhoff, Berlin-based Partners Michael Bergmann, Tobias Bosch, and Stefan Schwab, Munich-based Partner Mansur Pour Rafsendjani, and Dusseldorf-based Partner David Zafra Carollo, Munich-based Associate Michael Brandl and Manuela Kirchner, Berlin-based Associates Florian Felix Marquardt, Clemens Schonemann, Sascha Pres, and Felix Jannasch. The Noerr Warsaw team was led by Senior Associate Krzysztof Banaszek, and the Noerr Moscow team was led by Associates Partner Hannes Lubitzsch, supported by Associate Artem Kara.