3 September 2010
3 September 2010 - International law firm Mayer Brown LLP is advising family investment office Klesch on the acquisition by an associate of Klesch from Shell of the Heide refinery, associated chemicals, bitumen and distribution infrastructure. A binding agreement has been signed. The deal, which is subject to regulatory approval, is expected to close before the end of the year. The Heide refinery has a capacity of 4.5 million tons per annum. It employs some 570 staff.
The international Mayer Brown Team is led by Andrew Stewart (Corporate, London) and Mark Walker (Corporate, Frankfurt). The team includes London partners Drew Salvest (Finance), Michael Hutchinson (Environment), Sarah Byrt (IP), Richard Smith (Corporate), James Hill (Tax) and Kate Ball-Dodd (Corporate) and solicitors Louise Barber, Olivia Yacoub (both Corporate), Katherine Woods (Environment) and David Fyfield (IP). The German team includes partners Dr. Heinrich von Bünau (Corporate, Frankfurt), Dr. Jürgen Streng (Real Estate, Cologne), Dr. Nicolas Rößler (Employment, Frankfurt), Dr. Jens Peter Schmidt (Antitrust, Brussels) and associates Dr. Christoph Broich, Dr. Malte Richter and Philip Rosak (all Corporate, Frankfurt), Mirja Eltzschig (Real Estate, Cologne), Susan Köhler (Tax, Frankfurt) and Björn Vollmuth (Employment, Frankfurt).
Andrew Stewart, partner in Mayer Brown's Corporate group said: “This transaction is significant as it highlights our experience in the Corporate, Employment, Real Estate, Pensions, Employment, Environment, IP, Tax and Finance practice areas in both London and Germany. We believe our strength in cross border transactions which require a multi disciplinary approach is one of our key differentiators.”
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