[Hamburg, ] A team from GÖRG Partnerschaft von Rechtsanwälten mbB, headed by Hamburg partner Dr. Frank Evers, assisted the founding shareholders of the ASUP Group in the sale of their shares to funds advised by Maxburg Capital Partners. The transaction involved a complex structure under tax law and a significant reinvestment on the part of the vendors. Once again, GÖRG was able to provide comprehensive one-stop advisory services for the transaction, in collaboration with the tax law experts at BWLS Strunk Stoffersen Partnerschaft mbB.
About the ASUP Group
ASUP GmbH, based in Seevetal, has for nearly 20 years specialized in the sale of products and solutions in the field of industrial safety, specifically the safe handling of dangerous substances. In this way, the company, with over 70 employees at four sites in Germany and Switzerland, is able to guarantee dependable safety at work. With its own field force, ASUP is in a position to respond to the needs and wishes of individual customers and to implement these with a high degree of product availability. Its sister company, ASUP Technik GmbH, also based in Seevetal, is an established full-range supplier of goods for industry, shipping and corrosion control.
About Maxburg
Maxburg Capital Partners is an investment company focusing on the German-speaking world; its anchor investor is the RAG-Stiftung. Maxburg, with a fund volume of EUR 300 million, invests in profitable and steadily growing small and medium-sized enterprises in German-speaking countries.
Advisors
GÖRG Partnerschaft von Rechtsanwälten mbB
Dr. Frank Evers (Lead Advisor), Partner, M&A / Corporate, Hamburg
Dr. Christian Bürger, Associated Partner, Competition Law, Cologne
Florian Puschmann, Associate, M&A / Corporate, Hamburg
BWLS
Prof. Dr. Günther Strunk, Partner, Tax
Benjamin Karten, Dipl. Kfm., Partner, Tax
Other Advisors
GLNS, Munich
P+P Pöllath + Partners, Munich
CMS Hasche Sigle, Brussels
