Heuking Kühn Lüer Wojtek advised Swift Conjoy GmbH on the deal. Taylor Wessing advised Airport Frankfurt-Hahn GmbH.
Swift Conjoy GmbH announced the acquisition of Frankfurt-Hahn Airport in a bidding process. The acquisition comprised the entire airport operations including real estate and all assets from several insolvency proceedings. All employees will be taken over.
Frankfurt-Hahn Airport is Germany’s sixth most important airport for air cargo and is also an important airport for passengers, especially for Ryanair. In the wake of the corona pandemic, the companies operating Frankfurt-Hahn Airport had filed for insolvency in October 2021. In the meantime, more planes are taking off from Frankfurt-Hahn again. The airport in the middle of Germany’s Hunsrück region employs more than 400 people.
Swift Conjoy GmbH, based in Frankfurt, is a joint venture. The Frankfurt-based Swift Group and the English company Conjoy Investment Partners are involved. Swift Conjoy intends to continue to operate and to extensively expand passenger and cargo operations at Frankfurt-Hahn Airport, including investments and the creation of new jobs in the region.
The Heuking team included Daniel Froesch (Lead),
Finn-Michael Liebscher, Oscar Weller, LL.M. (all Corporate), Prof. Dr. Georg Streit (Lead in Insolvency Law), Dr. Kai Uwe Büchler (both Restructuring), Bernd Weller, Dr. Christoph Gerhard (both Employment), Dr. Thomas Nickel, Dr. Cedric Pierre Vornholt (both Public Law) and Jörg Michelsen (Tax).
The Taylor Wessing team included Dr. Hendrik Boss (Partner), Dr. Christian Saueressig (Partner), Julia Siedhoff (Salary Partner), Lisa Iwersen (Associate), Marc Popovic (Associate), all Restructuring & Insolvency, all Munich, Prof. Dr. Norbert Kämper (Partner, Environment, Düsseldorf), Dr. Michael Brüggemann (Partner), Johannes Schaadt-Wambach (Associate), both Public Procurement and EU State Aid Law, both Düsseldorf, Theresa Haßlberger (Salary Partner, Real Estate, Munich), Dr. Bert Kimpel (Partner, Düsseldorf), Elnaz Mehrkhah (Senior Associate, Frankfurt), both tax.
Involved fees earner: Kai Uwe Büchler – Heuking Kühn Lüer Wojtek; Daniel Froesch – Heuking Kühn Lüer Wojtek; Christoph Gerhard – Heuking Kühn Lüer Wojtek; Finn-Michael Liebscher – Heuking Kühn Lüer Wojtek; Thomas Nickel – Heuking Kühn Lüer Wojtek; Georg Streit – Heuking Kühn Lüer Wojtek; Cedric Pierre Vornholt – Heuking Kühn Lüer Wojtek; Bernd Weller – Heuking Kühn Lüer Wojtek; Oscar Weller – Heuking Kühn Lüer Wojtek; Hendrik Boss – Taylor Wessing; Michael Bruggemann – Taylor Wessing; Theresa Haßlberger – Taylor Wessing; Lisa Iwersen – Taylor Wessing; Norbert Kämper – Taylor Wessing; Bert Kimpel – Taylor Wessing; Elnaz Mehrkhah – Taylor Wessing; Marc Popovic – Taylor Wessing; Christian Saueressig – Taylor Wessing; Johannes Schaadt-Wambach – Taylor Wessing; Julia Siedhoff – Taylor Wessing;