IFLR1000 Rating 2013
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Mergers and acquistitions
Peers are highly complimentary of Bech-Bruun's M&A team with many suggesting that the firm should move up a tier. "It is the top of its tier, a good firm of lawyers," says one peer.
The firm is certainly looking to push home its advantage and a recent merger with law firm Philip yielded five new partners in the forms of Jesper Rothe, Richard Sand, Steen Rode, Sebastian Poulsen and Jakob Kristensen.
It's not all been plain sailing though and the firm reported the loss of Jørgen Reimer Jensen in June 2011, who left to join Nordia Law.
Ole Nørgaard leads a team that has been active for a number of private equity entities in the last year.
Leading lawyer Jacob Hjortshøj and Thomas Kristiansen were involved in one of the largest M&A transactions in Denmark in 2012, advising NKT Holding and Subsea 7 in the DKr3.8 billion (€510.55) sale of NKT Flexibles to US based National Oilwell Varco.
The same duo also advised private equity fund AAC Capital Partners on the sale of Danish metal packaging producer Glud & Marstrand to Envases Universales. This was a rare example of a Mexican purchaser entering the Scandinavian market.
In the renewable energy sector the firm advised on the sale of Bladt Industries Holding to private equity house Nordic Capital. Still waiting to close, this deal involved complex negotiations as a result of irregular cash flow projections.
On the buy side the firm acted alongside Allen & Overy assisting Macquarie Capital Group and Barclays Integrated Infrastructure Fund on a £105 million cross-border wind farm purchase.
IFLR1000, Mergers and acquisitions