FRANZlegal has advised the shareholders of Wilhelm Dietz GmbH & Co. KG, Düsseldorf, on the sale of their family business to US-American Master Fluid Solutions

Wilhelm Dietz GmbH & Co. KG is active in the development and manufacture of high-performance lubricants and special products for metalworking under its WEDOLiT brand name. Master Fluid Solutions is a global medium-sized company with a leading position in the field of cooling lubricants (water miscible and non-water miscible) and other products and services in the lubricants industry. Master Fluid Solutions will continue operations at the Düsseldorf site.

The transaction was completed on 7 October 2019.

The family shareholders of Wilhelm Dietz GmbH & Co. KG were advised by Axel Staudt, Dr. Patrick Vogt, Sebastian Henning (partner) and Sarah König (associate).

Contact: Axel Staudt

FRANZlegal has advised Prosegur CashServices Germany GmbH in the acquisition of the classical cash-in-transit business for banks and trade customers of S.A.T. Security & Transport GmbH

Prosegur is one of the leading security service providers worldwide with over 175,000 employees on five continents. Prosegur is active in Germany with 31 branches and more than 4,000 employees. The service portfolio in the field of cash and valuables transport includes Prosegur Smart Cash (automated deposit solutions), ATM services, valuables and courier logistics as well as cash management. The company bundles its social and cultural commitment in the Prosegur Foundation. With this transaction, Prosegur is setting a further clear signal for its sustainable growth course in the German market.

Dr. Patrick Vogt and Antonio Calderón (both M&A) as well as Dr. Timm Jordans (employment law) were involved in the transaction for FRANZlegal. FRANZlegal has long-standing client relationships with Prosegur and its group companies. FRANZlegal last advised Prosegur on the acquisition of BaS Solution GmbH in October 2018.

Contact: Patrick Vogt/Antonio Calderón

"Germany's Best Lawyers" Three awards for FRANZ RECHTSANWÄLTE

Handelsblatt and the US specialist publisher Best Lawyers have included Dr. Christian Franz, Dr. André Kowalski and Dr. Patrick Vogt, three partners of FRANZ RECHTSANWÄLTE, in their current Best Lawyers Ranking for the field of corporate law.

"We are very pleased with the awards and are proud to be recommended by colleagues in our field of law," states Dr. Christian Franz. "Following last year's award by FOCUS magazine as a top law firm for corporate law, which was based in particular on recommendations from our clients, these awards, based on recommendations from colleagues, confirm the appreciation of our work in the market".

Dr. Christian Franz is admitted as a German lawyer and as a French avocat. He advises German and international companies and financial investors on acquisitions, financing and corporate and capital market law issues as well as in arbitration proceedings. In addition, as part of the French Desk of FRANZ RECHTSANWÄLTE, he advises French companies on commercial law issues and assists German companies in their business activities in France.

Dr. André Kowalski is mainly active in Mergers & Acquisitions and advises companies, its shareholders and corporate bodies in corporate related matters, in particular, but not limited to, restructuring processes as well as the establishment of joint ventures. Another focus is advising family owned companies and their shareholders. Dr. André Kowalski is also frequently appointed as arbitrator in corporate-related arbitration proceedings.

Dr. Patrick Vogt is mainly active in Mergers & Acquisitions and corporate law advice to partnerships and corporations. Dr. Patrick Vogt furthermore advises clients on corporate group law issues and intra-group restructuring processes. Dr. Patrick Vogt teaches M&A at Hochschule Fresenius.

FRANZ RECHTSANWÄLTE is a business law firm with around 20 lawyers and headquartered in Düsseldorf. The firm's practice focuses on operational business / commercial and corporate law / M&A, complemented by the full spectrum of commercial law advice, including employment law, litigation, financing and antitrust law. In addition to listed companies, the firm supports medium-sized companies and entrepreneurs in Germany and abroad.

FRANZ Rechtsanwälte advises on the sale of GSM Gladbacher Spinnstoffindustrie GmbH & Co. KG

FRANZ RECHTSANWÄLTE has advised the family shareholders of GSM Gladbacher Spinnstoffindustrie M. Mühlen GmbH & Co. KG, Mönchengladbach, on the sale of their family business to STW Schwarzwälder Textil-Werke Gruppe, Schenkenzell.

GSM Gladbach Spinnstoffindustrie M. Mühlen GmbH & Co. KG is one of the world' s leading chemical fibre recycling companies based in Mönchengladbach. STW Schwarzwälder Textil-Werke Gruppe is a manufacturer of fibre products and offers tailor-made fibre solutions to its customers. The STW Schwarzwälder Textil-Werke Gruppe will continue operations at the Mönchengladbach site.

The transaction was completed in mid-March 2019.

The family shareholders of GSM Gladbacher Spinnstoffindustrie M. Mühlen GmbH & Co. KG were advised by the partners of our law firm Axel Staudt and Dr. Christoph Neven.

Contact: Axel Staudt

Sarah König strengthens team as new lawyer

On 1 February 2019, Sarah König joined FRANZ Rechtsanwälte.  Sarah advises national and international clients on M&A transactions and corporate law. Prior to joining FRANZ RECHTSANWÄLTE, Sarah worked a couple of years for the international law firm Freshfields Bruckhaus Deringer LLP in Düsseldorf.

Sarah König: "I am excited about the new career opportunities and challenges that FRANZ RECHTSANWÄLTE has to offer, especially with regard to a further expansion of my advisory focus".

FRANZ Rechtsanwälte now comprises 20 lawyers (12 of whom are partners).

The Corporate Law/M&A practice group of FRANZ Rechtsanwälte advises companies and entrepreneurs on all aspects of corporate law, from the formation of companies to corporate housekeeping, the acquisition and sale of companies and in connection with joint ventures, both nationally and internationally. This also includes advice on structural changes such as transformations and other restructurings as well as on corporate financing issues.