Watson Farley & Williams (WFW) has advised the Tradebe Group on the acquisition of Tanklager Wilhelmsburg GmbH (TWG) from BDH Biodiesel Hamburg GmbH, which is a subsidiary of the Dr Oetker Group.

TWG currently consists of 22 tanks with a total storage capacity of circa 74,000 cubic metres located in the Port of Hamburg. It offers services for the storage and handling of mineral oils and biogenic liquids among other products and, given its location, is well connected, with transport routes by sea, rail and road.

The multidisciplinary WFW Germany team that advised Tradebe was led by Munich office head and corporate partner Dr Dirk Janssen.

He was supported by Hamburg partners Dr Christine Bader, Dr Maximilian Boemke (both Regulatory), Verena Scheibe (Tax), Dr Andreas Wiegreffe (Employment) and Dr Sebastian Baum (Real Estate), Senior Associate Silvia Rava (Corporate Munich), as well as the associates Annabelle Forster and Paul Philipp Greef (both Regulatory Munich & Hamburg), Muteber Yalcin (Real Estate, Hamburg) and Manuel Rustler (Tax, Frankfurt).

ING Corporate Finance acted as financial adviser to Tradebe.

Janssen said: “We are delighted to have advised Tradebe on this strategically significant acquisition. This transaction highlights again WFW’s ability to provide significant added-value for our clients on complex transactions in the infrastructure sector through our integrated approach and extensive sector expertise. It was a special pleasure to work closely throughout this transaction with the -in-house teams at Tradebe and ING.”

For more information visit www.wfw.com

19th November 2020