Noerr advises Jungheinrich on sale of its Russian subsidiary

A Noerr team headed by Björn Paulsen, Moritz Koch and Stephan Schulz has advised Hamburg-based Jungheinrich AG on the sale of its Russian subsidiary. The buyer of the wholly owned subsidiary Jungheinrich Lift Truck OOO is a Russian financial investor and asset manager who prevailed in a competitive bidding process organised by Noerr and M&A advisors Novus Capital.

The transaction is expected to close in the fourth quarter of 2025. It is subject to the satisfaction of customary closing conditions, especially approval by the Russian Government Commission on the Control of Foreign Investment.

The transaction is one of many Russian exit deals Noerr has handled for well-known Western companies, including Mercedes Benz.

Advisors to Jungheinrich: Noerr Partnerschaftsgesellschaft mbB

Lead: Björn Paulsen (partner, Corporate/M&A), Moritz Koch (partner, Private Equity), Stephan Schulz (partner, Capital Markets, all Hamburg)

Corporate/M&A: Ilya Hatskevich (senior associate), Leonie Köster (associate, all Hamburg)

Russian Desk: Viktor Gerbutov (partner), Irina Chernousova

Capital Markets: Sebastian de Schmidt (counsel, Frankfurt)

Employment & Pensions: Sven Lohse (associated partner), Christin Lindenberg (associate, both Hamburg)

International Trade: Bärbel Sachs (partner), David Rösch (senior associate, both Berlin), Yuliya Zhmuro (senior associate, Brussels)

Data, Tech & Telecoms: Pascal Schumacher (partner), Steffen Sundermann (senior associate, both Berlin)