AVELLUM acted as the Ukrainian legal counsel to Deutsche Beteiligungs AG (“DBAG”) in connection with the EUR5.9 million investment in Dieter Braun GmbH (“Braun”).
AVELLUM advised Deutsche Beteiligungs AG on the due diligence of real estate, IP and employment matters, protection of employees’ rights and social benefits of the Ukrainian subsidiary of Braun.
In particular, AVELLUM focused on compliance with labour law requirements, analysis of legal relations with private entrepreneurs, analysis of employment conditions and social benefits, which are provided to the Ukrainian employees in the context of obligations, which our client undertook upon the investment.
DBAG is a listed private equity company, which initiates closed-end private equity funds and invests alongside the DBAG funds in well-positioned mid-sized companies with potential for development.
Braun is a specialist and solutions provider in cable assembly and lighting for the automotive industry.
AVELLUM team working on this project was led by Managing Partner, Mykola Stetsenko, with significant support from Associates, Yuriy Zaremba, Andrii Gumenchuk, and Dmytro Tkachuk.