Allen & Overy LLP has advised Finnish gardening tools manufacturer Fiskars on the sale of its Ebertsankey business to Good(s) Factory B.V., a member of the Elho Group and European market leader in synthetic pottery and related products. The parties agreed not to disclose the purchase price. The transaction was effected by way of an asset deal.

Like Elho, Ebertsankey produces plastic flower pots and planters as well as related products. The sale will allow Fiskars to strengthen the focus on its core business.

The Allen & Overy team comprised partners Dr. Hans Schoneweg (Hamburg) and Lisa Goransson (London) as well as senior associate Daniel Martin Schulz (transaction management, Hamburg, all corporate/M&A). Additional support was provided by partner Dr. Heike Weber (tax, Frankfurt), counsel Dr. Jonas Wittgens, senior associates Max Landshut (both corporate/M&A), Dr. Marcus Grühn (real estate), Sören Seidel (employment and benefits, all Hamburg), Miray Kavruk (IP, Düsseldorf), Tim Spranger (tax, Frankfurt) and associate Patrick Buse (corporate/M&A, Hamburg).