Mayer Brown advises shareholders on sale of LED Linear GmbH and its participations
18 March 2016
Mayer Brown advised the shareholders on the sale of LED Linear GmbH as well as its shareholdings in joint venture companies in the USA, France, UK, Switzerland, Singapore, India and the United Arab Emirates to listed Swedish lighting manufacturer Fagerhult. The transaction volume is in the mid double-digit million Euro sector.
LED Linear GmbH is located in Neukirchen-Vluyn and was founded in 2006. The company manufactures linear LED lighting solutions based on flexible printed circuit boards.
Fagerhult develops, produces and markets lighting concepts for public buildings. The company has around 2,600 employees and operations in approximately 20 countries around the world, including Germany.
The Mayer Brown team included partners Dr. Joachim Modlich (lead, Real Estate), Carsten Flaßhoff (Corporate & Securities, both Düsseldorf), Volker Junge, senior associate Dr. Cornelia Wiendl (both Tax, Frankfurt) as well as associates Sabine Krause (Real Estate, Düsseldorf) and Katharina Heßel (Corporate & Securities, Frankfurt).