D\u00fcssel\u00addorf \u2014 ARQIS has provi\u00added compre\u00adhen\u00adsive legal advice to Sumitomo Elec\u00adtric Indus\u00adtries on the trans\u00adfer of the pension liabi\u00adli\u00adties of Sinter\u00adwerke Herne to Funding Solu\u00adti\u00adons Deutsch\u00adland by way of a share deal. Funding Solu\u00adti\u00adons Deutsch\u00adland FSD GmbH takes over all shares in Sinter\u00adwerke Herne GmbH and conti\u00adnues the company as a so-called pensio\u00adner company under the name Funding Solu\u00adti\u00adons Sinter\u00adwerke Herne Pensi\u00adons GmbH. The pensio\u00adner company will manage and fulfill the pension liabi\u00adli\u00adties of Sinter\u00adwerke Herne. The pension obli\u00adga\u00adti\u00adons are secu\u00adred by a Contrac\u00adtual Trust Arran\u00adge\u00adment (CTA) mana\u00adged by Helaba Pension Trust e.V.. <\/p>\n
Sinter\u00adwerke Herne GmbH produ\u00adced sinte\u00adred compon\u00adents for the auto\u00admo\u00adtive and power tool indus\u00adtries. The company was acqui\u00adred by the Japa\u00adnese Sumitomo Elec\u00adtric Indus\u00adtries Ltd. in 2019. <\/p>\n
Sumitomo Elec\u00adtric Indus\u00adtries Ltd., head\u00adquar\u00adte\u00adred in Osaka, Japan, was foun\u00added in 1897. The company is a global leader in the manu\u00adfac\u00adture of elec\u00adtri\u00adcal cables and fiber optic cables. SEI supplies custo\u00admers in the auto\u00admo\u00adtive, infor\u00adma\u00adtion, elec\u00adtro\u00adnics and energy sectors, among others. Listed on the Prime Market (5802) of the Tokyo Stock Exch\u00adange and part of the Nikkei 225 and TOPIX, the company gene\u00adra\u00adted total sales of USD 29 billion in 2023 with over 290,000 employees worldwide.<\/p>\n
Funding Solu\u00adti\u00adons Deutsch\u00adland has been active as a provi\u00adder for pensio\u00adner company tran\u00adsac\u00adtions since 2018. FSD curr\u00adently mana\u00adges ten pensio\u00adner compa\u00adnies with a total volume of over 330 million euros. Compa\u00adnies from a wide range of sectors, such as indus\u00adtry, the service sector, the regu\u00adla\u00adted banking sector and the phar\u00admaceu\u00adti\u00adcal sector, rely on FSD\u2019s concept and services. <\/p>\n
An ARQIS team led by the two part\u00adners Eber\u00adhard Hafer\u00admalz and Tobias Neufeld provi\u00added compre\u00adhen\u00adsive legal advice to Sumitomo Elec\u00adtric Indus\u00adtries in the context of this complex tran\u00adsac\u00adtion. ARQIS is one of the leading firms in the market for pension buy-outs. In tran\u00adsac\u00adtions of this type, pension liabi\u00adli\u00adties are either spun off to speci\u00adally estab\u00adlished pensio\u00adner compa\u00adnies or the former opera\u00adting company is trans\u00adfer\u00adred to the provi\u00adder as a pensio\u00adner company by way of a share deal after prior liqui\u00adda\u00adtion of all assets and liabi\u00adli\u00adties \u2014 with the excep\u00adtion of the pension obli\u00adga\u00adti\u00adons. This struc\u00adture enables the de-risking of pension liabi\u00adli\u00adties \u2014 a proce\u00addure that is alre\u00adady estab\u00adlished in the Anglo-Saxon world, while the pension buy-out market in Germany is still compa\u00adra\u00adtively young, but incre\u00adasingly developing. <\/p>\n
Advi\u00adsor Sumitomo Elec\u00adtric Indus\u00adtries Ltd.
\nARQIS (D\u00fcssel\u00addorf): Part\u00adner: Eber\u00adhard Hafer\u00admalz (Lead, Japan Desk), Tobias Neufeld (Lead, Pensi\u00adons), Johan\u00adnes Landry (Insol\u00advency Law), Lisa-Marie Niklas (HR Law), Coun\u00adsel: Dr. Yohei Nagata-Vogel\u00adsang (Japan Desk), Dennis Reisich (Tax, Munich), Asso\u00adciate: Kiyomi Zimmer (Japan Desk), Legal Specia\u00adlists: Miho Kuram\u00adochi (Japan Desk), Tim Kott\u00admann (Pensi\u00adons), Roxana Spie\u00df (HR Law)<\/p>\n
About ARQIS <\/p>\n","protected":false},"excerpt":{"rendered":" D\u00fcssel\u00addorf \u2014 ARQIS has provi\u00added compre\u00adhen\u00adsive legal advice to Sumitomo Elec\u00adtric Indus\u00adtries on the trans\u00adfer of the pension liabi\u00adli\u00adties of Sinter\u00adwerke Herne to Funding Solu\u00adti\u00adons Deutsch\u00adland by way of a share deal. Funding Solu\u00adti\u00adons Deutsch\u00adland FSD GmbH takes over all shares in Sinter\u00adwerke Herne GmbH and conti\u00adnues the company as a so-called pensio\u00adner company under [\u2026]<\/p>\n","protected":false},"author":2,"featured_media":56153,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wp_typography_post_enhancements_disabled":false,"footnotes":""},"categories":[1366],"tags":[],"class_list":["post-56155","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-en"],"yoast_head":"\n
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\n ARQIS is an inde\u00adpen\u00addent commer\u00adcial law firm that opera\u00adtes inter\u00adna\u00adtio\u00adnally. Around 80 lawy\u00aders and legal specia\u00adlists advise dome\u00adstic and foreign compa\u00adnies at the highest level on German, Euro\u00adpean and Japa\u00adnese commer\u00adcial law. With its focus groups Tran\u00adsac\u00adtions, HR Law, Japan, Data Law, Risk and Regu\u00adla\u00adtory, the firm is geared towards provi\u00adding its clients with compre\u00adhen\u00adsive advice. The law firm was foun\u00added in 2006 and has offices in D\u00fcssel\u00addorf, Munich and Tokyo as well as a talent hub in Berlin. For more infor\u00adma\u00adtion, visit www.arqis.com.<\/p>\n