Back to the overview
06-03-2020News

ZeitLager, advised by Heuking, sells self-storage centers to Shurgard

A team led by Dr. Frank Metz, Partner at Heuking Kühn Lüer Wojtek’s Munich office, advised the shareholders of Munich-based ZeitLager Self Storage GmbH on the sale of the corporate group including four self-storage centers to Shurgard Self Storage SA. The sales price was in excess of EUR 33 million.
 
Family-owned ZeitLager was founded in 2004. More than 20,000 customers have already taken advantage of the storage facilities at the four ZeitLager sites throughout Munich and the surrounding area.
 
Shurgard operates 240 self-storage centers and offers some 1.2 million net rentable square meters in seven countries, the Netherlands, France, Sweden, the United Kingdom, Belgium, Germany, and Denmark. Shurgard’s European network currently serves 160,000 customers and employs about 700 people.

Counsel to shareholders of ZeitLager Self Storage GmbH
Heuking Kühn Lüer Wojtek:

Dr. Frank Metz (Lead, Corporate M&A),
Dr. Ulrich Jork (Corporate M&A),
Dr. Arnold Büssemaker (Finance), all Munich

Contact persons

Contact persons

You are currently using an outdated and no longer supported browser (Internet Explorer). To ensure the best user experience and save you from possible problems, we recommend that you use a more modern browser.