Hengeler Mueller has advised the Salzgitter Group on the sale of its 23% participating share in Turkiye's Borusan Mannesmann Boru Yatirim Holding to the co-owner Borusan. Paksoy reportedly advised the Salzgitter Group as well.
Borusan is an international steel tube manufacturer. The company maintains locations in Turkiye, Italy, Romania, and the US. According to Hengeler Mueller, “in April 2023, Borusan had acquired the company Berg Pipe from Europipe, in which Salzgitter Mannesmann GmbH and AG der Dillinger Huettenwerke each hold 50% of the shares,” (as reported by CEE Legal Matters on May 2, 2023).
The Hengeler Mueller team included team members in Munich, Berlin, and Duesseldorf.