21 October 2013
Watson, Farley & Williams (“WFW”), a leading international law firm, is pleased to announce that its London and Madrid offices have advised German private equity investor Aurelius AG (“Aurelius”) on the cross-border acquisition of the value added sales activities of the Unified Communications business within the NEC Group.
Aurelius, together with its portfolio group company Getronics, has acquired the business in the UK, Spain, Portugal and Switzerland. Completion took place on 1 October 2013.
Aurelius operates throughout Europe from offices in Munich and London as well as from 18 portfolio companies in Germany, England, France, Ireland, Poland, Hungary, the Netherlands and Switzerland.
Head of WFW‘s London corporate group Jan Mellmann led the transaction, with assistance from corporate partner Christina Howard, corporate associate Georgina Don and employment associate Devan Khagram.
Jan Mellmann, corporate partner in London, commented: “Our European mid-market private equity practice is going from strength to strength so it is pleasing to see this translate into more cross-border acquisitions involving various WFW offices.”
Simon Preisenberger, head of WFW’s private equity group commented: “Having already advised various Aurelius portfolio companies on real estate matters, we are proud that Aurelius has now given us the opportunity to demonstrate the full range of our capabilities and experience in a complex acquisition.”
Dr. Michael Ruoff, General Counsel M&A of Aurelius, commented on the NEC transaction: “We have been impressed by Watson Farley’s capabilities to handle this very complex transaction, which entailed parallel asset deals in four jurisdictions.”