Allen & Overy advises Schroders on acquisition of Blue Asset Management
Hamburg — Allen & Overy LLP has advised Schroders plc on its acquisition of Blue Asset Management (Blue), a German real estate company based in Munich. Blue was launched in 2009 by the three founding managing directors Dr. Artus Pourroy, Dr. Thomas Wiegelmann and Tino Lurtsch and manages assets worth €1.2 billion for its clients in Germany, Austria and Switzerland.
The transaction strengthens Schroders’ private wealth capabilities and provides significant additional resources, presence and expertise in the German-speaking real estate markets, which are expected to benefit the firm’s global investor base.
The Allen & Overy team consisted of Partner Dr. Hans Schoneweg (Corporate/M&A, Hamburg), Partner Dr. Heike Weber and Associate Dr. Thomas Dieker (both Tax, both Frankfurt), Counsel Marie-Luise von Buchwaldt, Senior Associate Daniel Martin Schulz and Associate Jonas Hamm (all Corporate/M&A, all Hamburg).
In addition, Partner Richard Cranfield (Corporate/M&A, London), Counsel Peter Wehner (Pensions), Senior Associate Dr. Sebastian Schulz and Associate Dr. Lisa Müller (both Labor Law, all Frankfurt), Senior Associate Dr. Daniel Bolm (Real Estate), Partner Dr. Ellen Braun and Senior Associate Dr. Heiner Mecklenburg (both Antitrust, all Hamburg), Senior Associates Lennart Dahmen and Marco Zingler (both Capital Markets, both Frankfurt) and Kyrill Chilevych (Corporate/M&A, Düsseldorf) advised the firm.
About Allen & Overy
Allen & Overy is an international law firm with approximately 5,500 employees, including approximately 550 partners, in 44 offices worldwide. — Allen & Overy is represented in Germany at its offices in Düsseldorf, Frankfurt am Main, Hamburg and Munich with approximately 220 lawyers, including 47 partners. The lawyers advise leading national and international companies primarily in the areas of banking, finance and capital markets law, corporate law and M&A, tax law as well as other areas of business law.