Noerr advises Deutsche Industrie Grundbesitz AG on the first cross-border merger of a German public company into a Dutch N.V.

Led by Laurenz Wieneke and Anne-Kristin Schiller, our firm advised Deutsche Industrie Grundbesitz AG (DIG) on the first cross-border merger of a German public company into CTP N.V. (CTP). The shareholders of DIG received CTP shares, which are traded on the regulated market of Euronext Amsterdam. The general meeting of DIG had approved the joint merger plan on 9 June 2022. The cross-border merger became effective on 23 August 2022.

The completion of the cross-border merger will create a leading pan-European, listed logistics and corporate real estate group with a combined portfolio of over €7.2 billion and extensive project development activity for its own portfolio.

Noerr had already comprehensively advised Deutsche Industrie REIT-AG (now Deutsche Industrie Grundbesitz AG) on the conclusion of the agreement in principle on the merger with CTP and the delisting offer in 2021. The transaction volume was around 800 million euros.

Advisors to Deutsche Industrie Grundbesitz AG: Noerr Partnerschaftsgesellschaft mbB

Joint lead: Laurenz Wieneke (partner, Capital Markets, Frankfurt) and Anne-Kristin Schiller (associated partner, Corporate, New York)

Capital Markets
Holger Alfes (partner), Julian Schulze De la Cruz (partner), Jens Michael Göb (senior associate, all Frankfurt), Jan Hoffmann Linhard (senior associate, Hamburg)

Employment & Pensions
Boris Alexander Blunck (associated partner, Frankfurt)

Tax
Florian-Felix Marquardt (associated partner, Berlin)