Armira-Led Consortium’s Acquisition of 40% in The Community of Heirs of Horst Walter Sartorius

Hengeler Mueller and YPOG advised Armira and LSH on the transaction. Bredin Prat advised LifeSciences Holding. Ashurst advised Karin Sartorius Herbst.

LifeScience Holding SCSp (“LSH”), a long-term oriented investor consortium led by investment holding Armira, has successfully completed the acquisition of a participation of approx. 40% in the Horst Walter Sartorius community of heirs from members of the Sartorius family.

In total, the inheritances of the community of heirs comprise 50.09% of the ordinary shares of Dax listed Sartorius Aktiengesellschaft. Unaffected by the transaction, all shares held by the community of heirs continue to be subject to the execution of the will by an executor until mid-2028. In a separate, parallel transaction, Karin Sartorius-Herbst, the eldest daughter of testator Horst Sartorius, increased her existing stake within the community of heirs.

The Hengeler Mueller team was led by partners Hans-Jörg Ziegenhain (Picture – M&A) and Daniel Illhardt (Corporate/Capital Markets) and included partners Daniel Möritz (M&A), Simon Patrick Link (Corporate/Capital Markets), Markus Ernst (Tax), Sarah Milde (Merger Control) (all Munich), Christian Wentrup (Inheritance Law/Corporate, Düsseldorf) and Daniela Böning (Financing, Frankfurt), counsel Anja Balitzki (Merger Control, Düsseldorf) as well as associates Johannes Ahlswede, Sara Dietz, Christian Hess (all Munich), Tobias Begemann (Berlin) (all Corporate/M&A), Moritz Evertz (Corporate), Carsten Bormann (Foreign Investment Control) (both Düsseldorf), Verena Klosterkemper and Carina Kämpf (both Tax, Munich).

The YPOG team was led by Partners Helder Schnittker (Co-Lead, Tax/Structuring), Stephan Bank (Co-Lead, Corporate) and Lennart Lorenz (Co-Lead, Regulatory) and included Partners Jens Kretzschmann (Tax/Corporate) and Thomas Töben (Tax), Associated Partner Sebastian Schödel (Corporate) as well as Associates Niklas Ulrich (Regulatory), Robert Schramm (Corporate), Dajo Sanning (Tax) and Ivo Schmiedt (Corporate). 

The Bredin Prat team included Benjamin Kanovitch, Adrien Simon, Vianney Guillet de Chatellus.

The Ashurst team included François Hellot, Jordan Ohayon, Matthias Von Oppen, Astrid Keinath.

Involved fees earner: François Hellot – Ashurst; Astrid Keinath – Ashurst; Matthias Von Oppen – Ashurst; Vianney Guillet de Chatellus – Bredin Prat; Benjamin Kanovitch – Bredin Prat; Adrien Simon – Bredin Prat; Johannes Ahlswede – Hengeler Mueller; Anja Balitzki – Hengeler Mueller; Tobias Begemann – Hengeler Mueller; Daniela Böning – Hengeler Mueller; Carsten Bormann – Hengeler Mueller; Markus Ernst – Hengeler Mueller; Moritz Evertz – Hengeler Mueller; Christian Hess – Hengeler Mueller; Daniel Illhardt – Hengeler Mueller; Carina Kämpf – Hengeler Mueller; Verena Klosterkemper – Hengeler Mueller; Simon Patrick Link – Hengeler Mueller; Sarah Milde – Hengeler Mueller; Daniel Möritz – Hengeler Mueller; Christian Wentrup – Hengeler Mueller; Hans-Jörg Ziegenhain – Hengeler Mueller; Stephan Bank – YPOG; Jens Kretzschmann – YPOG; Lennart Lorenz – YPOG; Dajo Sanning – YPOG; Ivo Schmiedt – YPOG; Helder Schnittker – YPOG; Sebastian Schödel – YPOG; Robert Schramm – YPOG; Thomas Töben – YPOG; Niklas Ulrich – YPOG;

Law Firms: Ashurst; Bredin Prat; Hengeler Mueller; YPOG;

Clients: Armira; Sartorius Herbst Karin;

Federica Tiefenthaler

Author: Federica Tiefenthaler