Milan - Munich, 4. January 2016 – Baker & McKenzie advised CRIF S.p.A. on its acquisition of Bürgel Wirtschaftsinformationen GmbH & Co. KG from Euler Hermes Aktiengesellschaft and EOS Holding GmbH. The transaction, which was signed on Friday, 18 December in Hamburg, is expected to complete by the end of February 2016.
Bürgel supports the German and international economy with up-to-date, detailed credit reports since 1885. Over 80.000 customers in Germany and worldwide rely on the company's experience, its expert knowledge and strong advisory skills. With offices throughout Germany, Bürgel Wirtschaftsinformationen GmbH & Co. KG was until now a subsidiary of Euler Hermes Aktiengesellschaft (Allianz Group) and EOS Holding GmbH (Otto Group).
CRIF is a global company specialising in the development and management of credit bureau services, business information systems and credit solutions. Established in 1988 in Bologna (Italy), CRIF has an international presence, operating over four continents (Europe, America, Africa and Asia). CRIF is the leading provider in continental Europe of banking credit information, one of the key players worldwide providing integrated services and solutions for business & commercial information and credit & marketing management. Currently 3,100 banks and financial institutions and more than 25,000 business clients use CRIF services in 50 countries. In 2014, CRIF's total revenue was 340 million Euro. Current equity amounts to 151 million Euro. The number of CRIF associates in its offices and subsidiaries around the world reaches about 1,900.
The Baker & McKenzie Corporate/M&A teams advise clients in cross-border transactions and reorganizations on a regular basis. Most recently, e.g., Baker & McKenzie provided advice to Deutsche Beteiligungs AG on its acquisition of mageba AG, HITACHI KOKI on its acquisition of the power tool specialist Metabo AG, Barry-Wehmiller Group on the acquisition of Winkler+Dünnebier GmbH, to ZF Friedrichshafen AG on the acquisition of the industrial and wind turbine business of Bosch Rexroth AG, Groupe Le Duff on the acquisition of Kamps, Telefónica/E-Plus on the sale of yourfone to Drillisch, Flowserve Corporation on the acquisition of the SIHI Group, and Hochtief on the sale of the property management business to vincitag and the offshore business to GeoSea.
Baker & McKenzie Team
Lead:
Alberto Fornari (partner, Milan) Dr. Jon-Marcus Meese (partner, Munich)
Team:
Corporate: Tino Marz (associate, Munich), Markus Wöltzel (associate Milan)
IT / Data Protection: Holger Lutz (partner, Frankfurt), Michaela Weigl (associate, Frankfurt)
IP: Benjamin Koch (partner, Munich), Fabian Böttger (associate, Munich)
Employment / Pensions: Christian Reichel (partner, Frankfurt), MichaelKalbfus (associate, Munich), Verena Böhm (associate, Frankfurt)
Commercial: Johannes Teichmann (partner, Frankfurt), Antonia Rojahn (associate, Munich)
Real Estate: Niklas Wielandt (associate, Berlin)
Tax: Norbert Mückl (partner, Munich)
Antitrust: Riccardo Pennisi (Counsel, Milan), Serena Patuzzo (associate, Milan)
