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P+P advises shareholders on sale of Cotesa GmbH to Chinese investors
The sale of Cotesa to Changzhou QFAT Composite Material is the first transaction that was examined in more depth since the tougher investment monitoring with regard to foreign trade law. After a 6-month assessment, in April the German Federal Ministry for Economic Affairs and Energy confirmed that the transaction raises no concerns regarding public policy or security.
P+P advised all shareholders of Cotesa GmbH on all legal matters in the context of the transaction with the following team:
- Dr. Frank Thiäner (partner, lead, M&A, Munich)
- Daniel Wiedmann (counsel, foreign trade law, Frankfurt)
- Dr. Jens Linde (associated partner, finance, Frankfurt)
- Dr. Tim Junginger (senior associate, M&A, Munich)
P+P previously advised the principal shareholders of HPE Growth Capital on the investment in Cotesa GmbH in 2013.