Practice Areas - Corporate and M&A Law Firms and Lawyers
| Deal Date: | 09-03-2015 | Practice Area: | Corporate and M&A |
| Deal Title: | Fibertex Nonwovens Acquisition of Fibertex South Africa Stake | Industry: | Chemicals |
| Description: |
Gorrissen Federspiel assisted Fibertex Nonwovens A/S (Denmark) in connection with its acquisition of 48.2 percent of the shares in Fibertex South Africa Pty. Ltd. (South Africa, nonwovens manufacturing) from South African Fibre Yarn Rugs (Pty) Ltd. (South Africa), and thereby increasing its ownership stake in Fibertex South Africa Pty. Ltd. from 26% to 74.2%.
Transaction value: DKK 33,000,000 for 48.2% ownership share.
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| Financial Center: | Copenhagen | Value: | 0.00-100.00 |
| Advised Party: | Group | Law Firm | Gorrissen Federspiel |
| Group | Denmark | Group | South Africa |
| Classification: |
Group Restructurings |
Lawyer | Michael Meyer |
