Noerr advises private equity investor AIP on acquisition of German Anixter fasteners division

11.06.2015

Noerr has advised the private equity investor American Industrial Partners (AIP) on the acquisition of the German OEM fasteners division of Anixter. The total volume of the global transaction is USD 380 million.

Anixter is one of the world’s leading providers of products in the fields of data communication and security solutions, cable, as well as fasteners and small parts. With a workforce of 9,100, the company achieved revenues of USD 6.4 billion in 2014. In Germany Anixter operates at two locations.

The Noerr team led by the London partner Dr. Thomas Schulz advised AIP comprehensively on the German law aspects of the transaction. This particularly included negotiating the local purchase and assignment agreement, providing labour law advice on the transfer of business, as well as conducting the labour and real property law due diligence.

Advisors to American Industrial Partners: Noerr LLP

London: Dr. Thomas Schulz; Associates: Robert Korndörfer, Sebastian Diehl (all Corporate, London)

Munich: Christian Mayer (Regulatory), Dr. Wolfgang Schelling (Employment and Pensions), Dr. Thomas Thalhofer (IT Law), Dr. Marco Tucci (Employment and Pensions), Marco Winterer (Real Estate); Associates: Sebastian Dienst (IT Law), Dr. Benjamin Jahn (Employment and Pensions), Maria König (Regulatory), Esther Loeck (IT Law)

Berlin: Associates: Florian-Felix Marquardt (Tax), Lea Schäfgen, Violetta Piotrkowski (both Corporate)

Frankfurt: Sebastian Bock (Finance)

Düsseldorf:  Bodo Dehne (Corporate)

International Lead: Baker Botts

Terrance L. Bessey, Katrina S. Atieh, Kristen A. Whitt (Washington, US)

Derek Jones, Graham Brough, Sarah Melaney, Prijay Tailor (London)

PR team


Mergers & Acquisitions
Corporate
Private Equity

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