TUI AG has announced the sale of Hapag-Lloyd AG to a consortium of Hamburg businessmen led by Klaus-Michael Kuehne and the City of Hamburg. The enterprise value amounts to 4.45 billion euros.
Hengeler Mueller has been advising TUI on this transaction. Advice was provided by partners Hans-Jörg Ziegenhain, Daniel Wiegand (both M&A, Munich), Viola Sailer (Corporate, Munich), Ernst-Thomas Kraft (Tax, Frankfurt), Carsten van de Sande (Real Estate, Frankfurt) and Wolfgang Kellenter (IP, Düsseldorf) in addition to the associates Attila Oldag, Daniel Halmer, Nicolas Kredel, Stefan Seitz, Fabian Dietz (all Munich), Daniel Müller-Etienne (Frankfurt) and Andrea Schlaffge (Düsseldorf).
