P+P Pöllath + Partners advised the insolvency administrator, Joachim Exner of law firm Beck & Partner, on the sale of the business units of OEKA Oehlhorn GmbH and CCO GmbH to GEKA GmbH. The purchase price was not disclosed.

The OEKA Oehlhorn GmbH & Co. KG, based in Bamberg, is an established provider of cosmetic plastic packaging, technical precision metal and plastic for the automotive industry and plastic components for medical device technology.

The CCO GmbH, headquartered in Korbußen, extends the production spectrum of OEKA by the areas evaporation of plastic surfaces in a high vacuum and their coating with UV curing paints in an inline process.
The GEKA GmbH is a portfolio company of the financial investor 3i Group plc.

Insolvency proceedings were commenced by an order of April 1, 2015 on the assets of the OEKA Oehlhorn GmbH & Co. KG and the CCO GmbH, and the seller was appointed as insolvency liquidator.

P+P Pöllath + Partners advised the insolvency administrator on the sale, including antitrust and tax matters, with the following interdisciplinary team in all locations:

    * Katharina Reuther (lead, counsel, distressed M&A, Frankfurt)
    * Hardy Fischer (partner, tax, Berlin)
    * Pia Dorfmueller (partner, tax, Frankfurt)
    * Daniel Elbel (counsel, real estate, Berlin)
    * Daniel Wiedmann (counsel, antitrust law, Frankfurt)
    * Jens Linde (counsel, finance, Frankfurt)
    * Michael Schuhmacher (associate, finance, Frankfurt)

On the buyer's side, Kerstin Kopp (lead, partner, M&A, Frankfurt), Stefan Sax (partner, restructuring, Frankfurt) and Harald Amer (counsel, M&A, Frankfurt) of Clifford Chance served as advisor for GEKA GmbH.