Keensight Capital Undertakes Complex German Acquisition and Subsequent Italian Merger
Paris – Paul Hastings LLP, a leading global law firm, has advised Keensight Capital in connection with a complex transaction resulting in the combination of the Italian group Tecres and the German company aap Biomaterials under the holding company Demetra Holding, of which Keensight Capital became a significant minority shareholder.
This transaction consisted of Keensight Capital, as a first step, acquiring the German manufacturer of biomaterials, aap Biomaterials, from the publicly-traded group, aap Implantate, then, as a second stage, combining aap Biomaterials with the Italian family group Tecres, specializing in bone cements and bone substitutes.
This cross-border transaction gave rise to the world leader in the area of bone cement and biomaterials for orthopedics.
The Paul Hastings team included Paris partner
aap Implantate was advised by Taylor Wessing (Berlin office).
Tecres group was advised by C Partners (Maurizio Marullo, Giorgio Vagnoni and Davide Soardo).
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