SIMMONS & SIMMONS

Comment: Thanks to the close ties between corporate and bank regulatory law, this recommended M&A practice enjoys an excellent deal flow among the solid, long-established client base from the asset management and financial sectors. Work for Allianz Global Investors in its acquisition of a solar portfolio in the UK, which called for energy sector expertise, is a prime example. The well-known China practice in Düsseldorf made great strides in the auto sector, e.g. advising China Automobile Engineering on its market entry. Advice on Tesla’s much-observed entry into the German market was another milestone. By bringing in Robert Heym in Munich from Olswang, S&S gained TMT sector expertise in corporate – a good match for the IP practice here.
Strengths: Energy sector (esp. renewable energies). Good contacts in Asia.
Development potential: Growing the partnership over the past two years was a key step in the practice’s good development. But S&S has so far been unable to do the same at associate level.
Recommended: Dr. Stephan Ulrich, Dr. Michael Bormann (“very pleasant, skilled and solution-driven”, competitor), Dr. Dr. Boris Schilmar.
Practice: Focus on financial institutions, ?energy, telecoms/media, life sciences and increasingly aviation. Strong synergies between M&A and ?corporate. (Corporate: 6 partners, 4 counsel, 3 associates, 1 of counsel)
Clients: ?? Allianz Global Investors on acquisition of UK solar portfolio; Blackrock on investment in Scalable Capital; China Automobile Engineering on Finoba takeover; Deutsche Beteiligungs AG and Klaus Grohmann on sale of shares to Tesla.
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