25 Oct 2016 | 08:47 am |
International law firm Pinsent Masons has advised leading German auction channel 1-2-3.tv GmbH, on the sale of the majority of shares in the business.
Shareholders Wellington Partners, Target Partners and Cipio Partners, have sold their shares in the company to ARCUS Capital AG and BE Beteiligungen Fonds GmbH & Co. KG. The company is also held by previous shareholders Iris Capital and the co-founder of 1-2-3.tv GmbH, Henning Schnepper. The network’s managing director, Iris Ostermaier, has invested via the new shareholders of the company. The transaction is subject to approval by the competition authorities.
The Pinsent Masons team advising 1-2-3.tv was led by Partner Tobias Rodehau, Senior Associate Olivia Irrgang, Associate Domenico Schwan and Junior Associate Dr. Alexander Karst, LL.M.
1-2-3.tv GmbH is the operating company of the German auction channel 1-2-3.tv. The company, founded in spring 2004, is headquartered in Grünwald near Munich. Over 35 million households in Germany and Austria have access to 1-2-3.tv.
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Multinational law firm Pinsent Masons has advised Bestinver Infra, FCR, on the acquisition of an interest in N6 (Concession) Holdings Limited and N6 (Operations) Limited from Sacyr Concessions Limited.
Multinational law firm Pinsent Masons has been named the Most Innovative Law Firm in Europe and won the Energy & Security Transition category at this year’s FT Innovative Lawyer Awards.
Multinational law firm Pinsent Masons has been named as a top ten family friendly employer by the national charity for working parents and carers Working Families.
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