Linklaters advised the private equity firm Terra Firma and the infrastructure investment business of Deutsche Bank, RREEF, supervised by Deutsche Asset & Wealth Management (Deutsche AWM), on the sale of Germany’s leading motorway service operator Tank & Rast. The purchaser is a consortium consisting of Allianz Capital Partners GmbH (ACP), Borealis Infrastructure Management Inc., Infinity Investments SA (a subsidiary of Abu Dhabi Investment Authority) and the asset manager MEAG.

The network of more than 350 petrol stations and motorway service areas on Germany’s motorways now has a new owner.

A Linklaters team led by Dr Ralph Drebes (Corporate/M&A, Frankfurt) and Charles Jacobs (Corporate/M&A, London) advised on the transaction. The Team also included Michal Hlásek (Banking, Frankfurt), Dr. Julia Schönbohm (Dispute Resolution, Frankfurt), Dr. Marco Carbonare (Capital Markets, Frankfurt), Matthew Devey (Employment, Frankfurt), Dr. Michael Ehret (Tax, Frankfurt), Ann-Catherine Hoffmann (Corporate/M&A, Frankfurt), Kristina Zych (Corporate, Berlin), Dr. Jonas Hermann (Corporate/M&A, Frankfurt), Will Aitken-Davies (Corporate, London), Mykyta Selivanov, Fabian Schmitz ( both Corporate/M&A, Frankfurt), Daniel Rogits (Banking, Frankfurt), Nicolaus von Gall (Corporate/M&A, Frankfurt), Alexander von Heinz (Corporate, Berlin), Dr. Bolko Ehlgen (Dispute Resolution, Frankfurt), Charles Eypper (Capital Markets, Frankfurt), Michael Schnurr (Banking Frankfurt), Christina Trebing und Dr. André Scheidtmann (beide Competition/Antitrust, Düsseldorf).