Gleiss Lutz has advised French-based Colas Rail on the acquisition of the Hasselmann Group, a family owned company specializing in rail infrastructure and the construction of railroads. The transaction is expected to close in the fourth quarter of 2022 and is subject to the approval by the relevant antitrust authority.
Colas Rail is a subsidiary of French listed Colas S.A. which in turn is part of French listed Bouygues Group and specializes in rail infrastructure. With the transaction, Colas Rail intends to expand to the German market.
Hasselmann Group is headquartered in Thüringen, Germany and operates mainly on conventional rail lines in central Germany, Hesse to Saxony, and almost entirely for Deutsche Bahn.
Colas Rail was advised on the transaction by the following Gleiss Lutz team, headed by Dr. Jochen Tyrolt (Partner), Johannes Schrägle (Counsel, both lead), Nikolas Frey and Dr. Lucas Hertneck (all Stuttgart, Corporate/M&A):
Dr Tobias Boecken (partner), Christian Ditté, Dr Ulrike von Paris, Simone Lindenmüller (all Berlin, Contract Law), Maximilian Imre (Munich), Aaron Waible (Stuttgart, both Corporate/M&A), Dr Johannes Hertfelder (partner), Dr Lukas Aberle, Tim Seiter (all Stuttgart, antitrust), Dr. Andreas Neun (partner), Kristina Müller (both Berlin, Regulatory), Dr. Manuel Klar (Munich, Data Protection), Muriel Kaufmann (counsel, Stuttgart), Dr. Matthias Böglmüller (Munich, both Employment), Dr. Ocka Stumm (partner), , Bianca Moser (both Frankfurt, Tax), Konrad Discher (counsel, Frankfurt, Real Estate), Dr. Marc Ruttloff (partner, Stuttgart), Matthias Hahn (Dusseldorf, both Public Law), Dr. Alexander Molle (partner), Jan Hinrichs (both Berlin, IP/IT), Dr Jan-Alexander Lange (counsel), Jana Pinto Escaleira (both Frankfurt, Finance), Dr Jacob von Andreae (partner), Lennart Förster (both Düsseldorf, public law).
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