Avellum has acted as Ukrainian legal counsel to Deutsche Beteiligungs AG in connection with the EUR 5.9 million investment in Dieter Braun GmbH. Gleiss Lutz was global counsel to Deutsche Beteiligungs.
Avellum advised Deutsche Beteiligungs AG on the due diligence of real estate, IP and employment matters, protection of employees’ rights and social benefits of the Ukrainian subsidiary of Dieter Braun. In particular, Avellum focused on compliance with labor law requirements, analysis of legal relations with private entrepreneurs, analysis of employment conditions and social benefits provided to the Ukrainian employees in the context of obligations which Deutsche Beteiligungs undertook upon the investment.
Deutsche Beteiligungs is a listed private equity company, which initiates closed-end private equity funds and invests alongside the Deutsche Beteiligungs funds in well-positioned mid-sized companies with potential for development.
Dieter Braun is a specialist and solutions provider in cable assembly and lighting for the automotive industry.
The Avellum team was led by Managing Partner Mykola Stetsenko, supported by Associates Yuriy Zaremba, Andrii Gumenchuk, and Dmytro Tkachuk.
