Hengeler Mueller advises O&L on restructuring of commercial activities in Germany and Namibia

Hengeler Mueller advised Ohlthaver & List Finance and Trading Corporation Limited ("O&L") on the German law aspects of the separation and reorganisation of its commercial activities in Germany and Namibia. O&L is the largest privately held business enterprise in Namibia and plays a significant role in the Namibian economy.

Pursuant to the transaction, O&L sold its stake in its German subsidiary O&L Nexentury GmbH ("OLNX") to the previous minority shareholders, while simultaneously acquiring the shares that OLNX had held in various Namibian companies. O&L retained its 70% stake in the Philippsee Project – a floating solar park on Lake Philippsee near Langenbrücken, Baden-Württemberg.

Hengeler Mueller team for O&L

Corporate/M&A: Daniela Favoccia (partner, lead), Laura Esmaty (associate, both Frankfurt),

Antitrust: Philipp Otto Neideck (partner), Anja Balitzki (counsel, both Düsseldorf),

Tax: Sebastian Adam (partner), Karl Hummel (associate, both Frankfurt).