The international law firm Milbank, Tweed, Hadley & McCloy LLP has advised DBAG Fund VI, a fund advised by Deutsche Beteiligungs AG, on the sale of its shares in Cleanpart Group. The shares will be acquired by Mitsubishi Chemical Corporation.
Cleanpart is a services company for the semiconductor industry. The company maintains process-critical components in machines that are primarily used in the production of logic chips, memory chips and comparable components.
The acquisition is still subject to approval by the competent cartel authorities.
A Milbank team led by Michael Bernhardt and Andrea Eggenstein advised DBAG Fund VI on corporate, tax and cartel law aspects related to the transaction.
Advisor to DBAG Fund VI: Milbank, Tweed Hadley & McCloy LLP
Michael Bernhardt and Andrea Eggenstein (joint lead, both Corporate/M&A, Frankfurt), Matthias Schell (Tax, Munich), Alexander Rinne (Antitrust, Munich), Sebastian Dexheimer and Leopold Riedl (both Corporate/M&A, Frankfurt), Nikolas Koutsós and Thomas Moeller (both Finance, Frankfurt), Moritz Philipp (Tax, Munich), Tian-Gu Shum (Corporate/M&A, Munich).
Mr. Florian Doering (General Counsel) advised on the acquisition and coordinated the process internally for Deutsche Beteiligungs AG.
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