Dr. Karsten Krumm
Biography
Overview
Karsten advises on major international M&A transactions, carve-outs, takeover law, reverse mergers, reorganizations, joint ventures and core corporate matters in the M&A/Corporate practice group in the Firm's Frankfurt office.
He represents national and international publicly listed and private companies as well as investors in terms of corporate, capital market, transformation and commercial law. Clients in particular benefit from his deep experience in advising on multi-jurisdictional carve-outs and reorganizations. His experience also includes restructuring and insolvency law in the context of distressed companies.
Prior to joining the firm, Karsten practiced at another international law firm in its Hamburg office. Before beginning his legal traineeship, Karsten worked as a Research Associate at the Institute for Corporate and Business Law of the University of Osnabrueck and read for his Masters of Corporate Law at the University of Cambridge, England.
Experience
Pollen Street Capital (PSC) on the acquisition and integration of niiio finance groupAG (niiio), fundsaccess AG (fundaccess), FundHero SA (FundHero), FinTecc (FinTecc) and MiFID-Recorder GmbH (MiFID-Recorder).
Adler Group on successful restructuring and provision of new financing included amendments to the terms and conditions of certain of its bonds with an aggregate nominal amount of €3.2 billion and the provision of up to €937.5 million of new money funding
Siemens Energy AG on their takeover bid for Siemens Gamesa, S.A. with the aim of delisting and fully integrating Siemens Gamesa; transaction volume approx. €4 billion*
Aareal Bank AG on a takeover bid by and the conclusion of an investor agreement with Atlantic BidCo, which is indirectly held by the financial investors Advent International Corporation, Centerbridge Partners, L.P., CPP Investment Board Europe S.àr.l, a wholly owned subsidiary of Canada Pension Plan Investment Board, Goldman Sachs and other investors with Aareal Bank Group being valued at approx. €2 billion based on offer price*
Multinational fashion and lifestyle retail conglomerate in comprehensive redesign of its international corporate governance structure*
Distressed automotive supplier regarding corporate restructuring including corporate governance and its annual general meetings*
German DAX-40 listed automotive supplier on the carve-out in 14 jurisdictions*
Multinational media conglomerate on the carve-out of a division in eight European jurisdictions and subsequent restructurings in preparation for the establishment of a joint venture*
Family office in several restructurings (spin-offs, mergers) for succession planning*
Financial investor in bidding process for the acquisition of a large retail chain including real estate*
German manufacturer on the formation of a joint venture in the USA with a local partner and increase the stake in the joint venture twice*
Supervisory Board of Rocket Internet SE on public delisting self-tender offer including an extraordinary general meeting and a parallel share buy-back program with the total value of transactions being approx. €1.5 billion*
Distressed global restaurant chain listed in the Prime Standard of the Frankfurt Stock Exchange before and after insolvency filings with regard to corporate restructuring and capital market implications, e.g. listing and ad-hoc obligations*
OSRAM Licht AG on the sale of its lighting business Siteco (part of Lighting Solutions segment)*
Continental AG on creating new holding structure under the new Continental Group umbrella brand with three group sectors, namely Continental Rubber, Continental Automotive and Powertrain*
Continental AG on the corporate reorganization (carve-out in 20 jurisdictions worldwide, split-off) and IPO of the Powertrain business as Vitesco*
Giving comprehensive design and support of SE conversions, eg at adesso AG, now SE*
HELLA GmbH & Co. KGaA, one of Europe's largest retail organization of automotive parts, on the sale of its wholesale business in Denmark and Poland to Mekonomen AB as well as to AURELIUS Equity Opportunities SE & Co. KGaA in Norway*
* Matters prior to working for White & Case.
Co-author: "Prohibition of voting in a de facto AG group in the event of a special audit and assertion of claims for damages (Stimmverbot im faktischen AG-Konzern bei Sonderprüfung und Geltendmachung von Ersatzansprüchen)", AG 2024, 345 (with Alexander Kiefner and Philip Eichhorn)
