Heuking Kühn Lüer Wojtek advises Danish Private Equity Investor Maj Invest on the acquisition of D.A.M. Neue Deutsche Angelgeräte Manufaktur Int. GmbH
Heuking Kühn Lüer Wojtek has advised funds advised by Maj Invest Equity, Denmark, on the acquisition of D.A.M. Neue Deutsche Angelgeräte Manufaktur Int. GmbH, Georgsmünd (D.A.M.).
D.A.M. is a German-based supplier of sport fishing tackle. The 140 year-old company is one of the oldest established suppliers of sport fishing tackle in the world and represents an extremely strong brand in German-speaking markets and in Eastern Europe. Together with D.A.M. Maj Invest has acquired Svendsen Sport A/S, also a leading supplier of sport fishing tackle.
The transaction has already been closed. As agreed between the parties, the purchase price of the transaction was not disclosed.
With a total commitment of approx. DKK 8.5 billion, more than 25 portfolio companies and 15 investment employees, Maj Invest Equity is a leading private equity player in Denmark.
Counsel to Maj Invest
Heuking Kühn Lüer Wojtek:
Dr. Peter Christian Schmidt (Lead)
Dr. Julius Wedemeyer (Corporate/M&A)
Christoph Prochnau, LL.B. (Corporate/M&A)
Dr. Volker Voth (Employment Law)
Melanie Prasse, LL.M. (IP/IT), all Hamburg