ESCHE advises the shareholders of the Karl Meyer Group on the sale to Nehlsen Aktiengesellschaft
The takeover of the North German environmental and waste disposal service provider will secure the company's succession and place the future of the Group in new hands.
The shareholders of the Karl Meyer Group have sold 100% of their shares to Nehlsen Aktiengesellschaft.
Karl Meyer AG, headquartered in Wischhafen, Lower Saxony, is a family-run company with a history stretching back almost 80 years. Founded in 1947, the company has developed from a haulage firm into an integrated full-service provider for waste collection, transport and recycling solutions with around 800 employees. The range of services also includes bulk shipping, logistics solutions and energy services as well as harbour, island and ship disposal. The merger of the two family-owned companies with similar cultural backgrounds forms a strong foundation for the further growth of Karl Meyer AG and enables a seamless company succession. The expansion of the joint leading position in harbour, island and ship disposal is an important step on the way to becoming a full-service maritime service provider.
The transaction is still subject to approval by the German Federal Cartel Office. The parties have agreed not to disclose the purchase price.
ESCHE advised the shareholders of the Karl Meyer Group on the realisation of this project. The ESCHE team consisted of Dr. Götz Triebel (Lead Partner, Corporate Law/M&A), Dr. Jens-Christian Schott, Alexander Schrep (both corporate law/M&A), Jan Christian Eggers (Antitrust law), Dr. Martin Dieckmann (Environmental law), Dr. Peter Schunck (Real estate law), Lukas Marek (Employment law) sowie Dr. Robert Kroschewski, Thomas Peschke und Marie-Louis Georgi (Tax law).