Ashurst advises Commerzbank Aktiengesellschaft and IKB Deutsche Industriebank AG on the financing of the acquisition of COMPO GmbH's ("COMPO") EXPERT division by global alternative investments firm XIO Group. COMPO EXPERT is located in Münster (Westphalia) and markets specialty fertiliser products for professional applications. The division was sold by European private equity investor Triton whose fund Triton III acquired COMPO in 2011 from resources company K+S. The parties have agreed not to disclose the purchase price and the financing volume.

The Ashurst team was led by Munich-based Finance partner Dr Bernd Egbers and counsel Christiane Bestgen, assisted by associate Isabell Pöller and transaction manager Susanne Kasnitz (both Finance, Munich). Partner Heiko Penndorf and senior associate Felix Krüger (both Frankfurt) advised on tax aspects, senior associate Dr Philip Cavaillès (Frankfurt) on corporate aspects. Counsel Dr Christoph Rieken (Munich) supported on intellectual property law. Moreover, finance lawyers from the following Ashurst offices also advised: partner Arnaud Wtterwulghe (Brussels);  Avocat à la Cour Amanda Bevan (Paris); partner Jose Christian Bertram (Madrid); partner Gianluca Fanti (Milan); partner Martyn Rogers (London); partner Scott Faga (Washington DC).