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Dentons Advises Gortz on Search for Investors

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Dentons announced that it has advised Gortz Beteiligungsgesellschaft in the company's obtaining of investment from AFINUM Management.

The Hamburg-based Gortz Group is a highly successful retailer of "premium and quality" footwear, with approximately 3200 employees and 170 branches in Germany and Austria. The Munich-based AFINUM acquired a minority share of 40 percent for an undisclosed amount -- which Gortz will use as capital to fund expansion. Dentons announced that the deal should conclude by the end of May, assuming it meets with approval of the German competition authorities.

In a statement released by Dentons, the firm explained that Gortz Beteiligungsgesellschaft is a trust vehicle established by Dentons Partner Andreas Ziegenhagen to facilitate the search for partners for Gortz on a fiduciary basis. Since summer 2013 Gortz Beteiligungsgesellschaft has held a majority share in Gortz. With the successful conclusion of this transaction the fiduciary arrangement with Ziegenhagen will cease. His restructuring and transaction team, with Counsel Detlef Spranger playing a leading role, advised Gortz Beteiligungsgesellschaft before and during the trusteeship and in the course of the entire transaction process. In addition to Ziegenhagen and Spranger, Dentons Partner Daniel Marschollek, Counsel Constantin Rehaag, and Associates Judith Specht and Jakob Pickartz played a role.

 

 

Ukraine Knowledge Partner

AVELLUM is a leading Ukrainian full service law firm with a key focus on Finance, Corporate, Dispute Resolution, Tax, and Antitrust.

Our aim is to be the firm of choice for large businesses and financial institutions in respect of their most important and challenging transactions.

We build lasting relationships with our clients and make them feel secure in new uncertain economic and legal realities.

We incorporate the most advanced Western legal techniques and practices into our work. By adding our first-hand knowledge, broad industry experience, and unparalleled level of service we deliver the best results to our clients in their business endeavours. Our partners are taking an active role in every transaction and ensure smooth teamwork.

AVELLUM is recognised as one of the leading law firms in Ukraine by various international and Ukrainian legal editions (Chambers, The Legal500, IFLR1000, The Ukrainian Law Firms, and others).

Firm's website: www.avellum.com

 

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