Caledonia Investments plc and other shareholders of TGE Marine AG signed a legally binding agreement on the sale of shares in TGE Marine AG (TGE) to MES Germany Beteiligungs GmbH (MES), a subsidiary of Mitsui Engineering & Shipbuilding Co. Ltd., Japan.

In the course of the transaction, TGE was rated at a three-digit million amount.

P+P advised the management of TGE on the transaction with the following team:

Benedikt Hohaus (partner, M&A/PE)
Tim Kaufhold (counsel, M&A/PE)
Nico Fischer (counsel, tax law)
Lorena Joanna Echarri (associate, M&A/PE, all Munich)