March 5, 2010 - Assignment

Haléns Group acquires Quelle subsidiaries in Middle and Eastern Europe

Mannheimer Swartling advised Swedish Haléns Group on the acquisition of former Quelle subsidiaries in the Czech Republic, Poland, Estonia and Slovakia.

The Haléns Group is one of Sweden’s leading mail order and Internet sales companies with operations throughout Northern Europe. The seller was the insolvency receiver of the insolvent German Arcandor Group, which formerly included Quelle, one of the largest mail order companies in Europe. The acquired companies had a total turnover of approximately SEK 1 billion in 2008.

Mannheimer Swartling’s team in Berlin handled the transaction led by Dr. Maria Wolleh, primarily assisted by Dr. Rebekka Hye-Knudsen. Alexander von Kleist co-ordinated the multi-jurisdictional competition filings.