Allen & Overy advises Roca Group on the acquisition of SANIT
14 June 2021
The family-owned Roca Group, headquartered in Barcelona/Spain and founded in 1917, is the market leader in Europe, Latin America, India and Russia. It also has a strong presence in China and the rest of Asia, the Middle East, Australia and Africa. The group operates in 170 countries and has 87 factories and more than 24,000 employees worldwide.
SANIT, founded in 1945 and headquartered in Eisenberg/Thuringia, is part of Aliaxis, a global leader in advanced piping systems with presence in more than 40 countries. The company has three production sites in Germany, located in Eisenberg, Rödental and Wittenberg. These centres, which employ 378 professionals, export to more than 70 countries and manufacture, in addition to the aforementioned categories, accessories and complements for the assembly and installation of bathroom space products.
As part of Roca Group‘s strategy to set up specialised competence centres for different product categories in the bathroom, SANIT will become the development hub for Roca Group's installation systems.
The Allen & Overy team was led by partner Dr Nicolaus Ascherfeld (Corporate/M&A, Hamburg). It also comprised partners Dr Udo Olgemöller (Public Law), Dr Michael Ehret (Tax, both Frankfurt), Dr Jens Matthes (IP), Dr Jan Schröder (Insurance, both Düsseldorf) and Dr Christian Hilmes (Real Estate), counsels Marie-Luise von Buchwaldt (Corporate/M&A), Dr René Galle (Antitrust), Sören Seidel (Employment, all Hamburg), Peter Wehner (Pensions), Dr Esther Schmidt-Naumann (Dispute Resolution, both Frankfurt) and Dr Achim Schmid (Insurance, Düsseldorf). Furthermore, the team consisted of senior associates Dr Sebastian Remberg (Corporate/M&A), Dr Daniel Bolm (Real Estate, both Hamburg), Hauke Jung (Real Estate, Frankfurt) and Dr Tina Gausling (Data Protection, Munich), associates Dr Moritz Meister, Dr Moritz Merkenich, Daniel Wendler (all Corporate/M&A), Merle Herrmann (Employment), Sören Burdinski (Antitrust, all Hamburg), Dr Stephan Bühner (Public Law), Dr Manuel Köchel (Tax, both Frankfurt) and Anna Kräling (IP, Düsseldorf) as well as senior transaction coordinator Oliver Ahnseel (Real Estate, Hamburg).