Latham & Watkins Advises Equistone On Sale Of Oikos Group

Latham & Watkins Advises Equistone On Sale Of Oikos Group

The law firm's German team represented a European investment firm in the sale of a majority stake in the business of prefabricated houses to Goldman Sachs

Global law firm Latham & Watkins LLP played a key role in advising Equistone Partners Europe (Equistone) and the management on the sale of its stake in Oikos Group to Goldman Sachs.

Oikos is a leading European provider of prefabricated houses, head-quartered in Schlüchtern, Germany.

Equistone had acquired Oikos Group in January 2018. The Oikos Group is active in several countries including Austria, Switzerland, and the UK, besides its core market Germany. Oikos had registered an impressive turnover of over EUR 400 million in 2020.

Latham & Watkins had advised and worked closely with Equistone on the financing of its acquisition of Oikos Group.

The Latham team was led by Munich corporate partner Burc Hesse with counsel Hanno Witt, associates Jeremias Bura, Andreas Holzgreve, Chris Freitag, and Frankfurt associate Sophia Probst. The advice was also provided on finance matters by partner Christian Jahn and counsel Ludwig Zesch and associate Robert Dölling; on antitrust matters by Frankfurt partner Max Hauser; on IP matters by partner Susan Kempe-Müller and associate Pia Sösemann; on tax matters by Munich counsel Ulf Kieker; on regulatory matters by Frankfurt counsel Joachim Grittmann and associate Alexander Wilhelm; and on employment matters by associate Kristina Steckermeier.

Interestingly, while Latham & Watkins it is among a handful of firms without a headquarter as its management is spread across the globe with offices in 14 countries, making it a truly global firm.