Legal DealFolio - Ferrostaal Group Operating Segments Reorganisation

nternational law firm Simmons and Simmons advised global industrial service provider Ferrostaal on a wide-reaching reorganisation project, involving the conversion of Ferrostaal GmbH into a management holding company by spinning off various operating segments and administrative divisions. In future, six sub-groups (business units) will act as autonomously on the market under the umbrella of holding company Ferrostaal GmbH. Economic responsibility lies with the individual sub-groups. As a result, the Ferrostaal Group has been repositioned with more transparent structures, clear lines of responsibility and a focus on the different markets. The reorganisation was essentially performed by means of a range of spin-offs pursuant to the German Reorganisation Act and other accompanying measures. The Simmons and Simmons team advising Ferrostaal was led by Dusseldorf Corporate partner Dr Michael Bormann and senior associate Marc Urlichs.

Deal Date:	24-02-2014	Practice Area:	Corporate and M&A
Deal Title:	Ferrostaal Group Operating Segments Reorganisation	Industry:	Industrial Engineering
Description:	nternational law firm Simmons and Simmons advised global industrial service provider Ferrostaal on a wide-reaching reorganisation project, involving the conversion of Ferrostaal GmbH into a management holding company by spinning off various operating segments and administrative divisions. In future, six sub-groups (business units) will act as autonomously on the market under the umbrella of holding company Ferrostaal GmbH. Economic responsibility lies with the individual sub-groups. As a result, the Ferrostaal Group has been repositioned with more transparent structures, clear lines of responsibility and a focus on the different markets. The reorganisation was essentially performed by means of a range of spin-offs pursuant to the German Reorganisation Act and other accompanying measures. The Simmons and Simmons team advising Ferrostaal was led by Dusseldorf Corporate partner Dr Michael Bormann and senior associate Marc Urlichs.
Financial Center:	Dusseldorf	Value:	0.00-0.00
Advised Party:	Group	Law Firm	Simmons & Simmons
Group	Germany	Group	Germany
Classification:	Group Restructurings	Lawyer	Michael Bormann

Practice Areas -

Corporate and M&A Law Firms and Lawyers

Practice Areas - Corporate and M&A Law Firms and Lawyers