PwC Legal and honert + partner advise on succession planning for trade fair booth constructor ZEEH DESIGN
Düsseldorf, September 19, 2018
PricewaterhouseCoopers Legal AG Rechtsanwaltsgesellschaft (PwC Legal) has provided legal advice to the private equity firm HANNOVER Finanz GmbH on the acquisition of a majority stake in the ZEEH DESIGN Group. The Seller was comprehensively advised by the law firm of honert + partner (Munich).
The acquisition by HANNOVER Finanz provides for a succession plan for the previously owner-managed ZEEH DESIGN Group. The management of ZEEH DESIGN has acquired a stake in the company by a management buy-out.
HANNOVER Finanz is an investment company focusing on small and medium-sized enterprises. Founded in 1979 and based in Hanover and Vienna, the company currently manages investment capital of more than EUR 700 million. The portfolio comprises 40 companies in Germany and Austria.
ZEEH DESIGN conceives and realizes sophisticated corporate identities and brand spaces worldwide (e.g. for trade fairs, road shows and general meetings). The company, which has offices in Puchheim (near Munich) and Stutensee (near Karlsruhe), employs around 90 people. The most recent annual turnover amounted to EUR 22 million.
Advisors to HANNOVER Finanz:
Inhouse (Hannover):
Dr. Christina Silberberger (General Counsel; Lead; Corporate/M&A)
PwC Legal (Stuttgart):
Dr. Steffen Schniepp, Dr. Thomas Wenninger, Axel Schmidt, Irina Grillmeier (all Corporate/M&A), Carmen Meola (employment law)
Advisor to Seller:
honert + partner (Munich):
Sven Fritsche (lead), Andrea Beilborn (both Corporate/M&A)
About PwC Legal Business Solutions:
In our global, rapidly changing business world, cooperation, restructuring, transactions, financing and social responsibility are topics that increasingly concern our clients. They need legal certainty for a wide range of complex tasks. That is why we advise them holistically and in close cooperation with PwC’s tax, human resources and finance experts and our international legal network in over 100 countries. Whether a globally active company, a public corporation or a wealthy private individual, every client has a personal contact at our firm who supports them responsibly in all matters of commercial law. In this way, we help our clients to secure their economic success in the long term.
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About PwC:
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In this document, PwC Germany refers to PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, which is a member firm of PricewaterhouseCoopers International Limited (PwCIL). Each member firm of PwCIL is a separate and independent legal entity.
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