07.09.2015

Luther advises Sweden-based Kuben Group on the purchase of the marina business from Saferoad

Kuben Group expands market position in the European marina business. Sweden-based corporation Kuben AB acquired the marina business from the Norwegian corporation Saferoad AS on 4 August 2015 by way of an asset deal.

Background

Kuben Group expands market position in the European marina business.

Sweden-based corporation Kuben AB acquired the marina business from the Norwegian corporation Saferoad AS on 4 August 2015 by way of an asset deal. Kuben AB obtained detailed legal advice on this transaction from the law firm of Luther Rechtsanwaltsgesellschaft mbH.

Luther Rechtsanwaltsgesellschaft mbH founded Pontech Marina Systeme GmbH – a subsidiary of Kuben AB – on behalf of Kuben AB. This subsidiary is the buyer of the marina business from Saferoad AS. It obtained legal advice from Luther on all questions relating to the transaction – the transaction structure, corporate law, employment law, real estate law, and tax law.

About Kuben AB

Kuben AB manufactures, sells, and installs floating systems such as yacht harbors/marinas, floating docks, and floating breakwaters internationally via its subsidiary Pontech AB.

About Saferoad AS

The Saferoad Group produces traffic safety solutions for government agencies and infrastructure firms. The group is based in Oslo and has branch locations in 21 countries and about 2,500 employees. It is owned by Nordic Capital Fund VII.

For Kuben AB

Luther, Mergers & Acquisitions: Dr Axel Zitzmann (Lead Partner), Torsten Decker, M.A. (both Dusseldorf), Dr Sven Labudda (Hamburg)

Luther, Employment Law: Hans-Christian Ackermann (Partner, Dusseldorf)

Luther, Tax Law: Peter M. Schäffler (Partner, Munich)

Luther, Real Estate Law: Dr Philipp Pröbsting (Partner, Dusseldorf)

 

 

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Author
Hans-Christian Ackermann

Hans-Christian Ackermann
Partner
Dusseldorf
hans-christian.ackermann@luther-lawfirm.com
+49 211 5660 18772