Hengeler Mueller has advised Salzgitter Mannesmann on the sale of its 50% stake in Europipe US-based subsidiary Berg Pipe to Istanbul-based Borusan Mannesmann.
Salzgitter Mannesmann and Borusan Mannesmann are steel companies. Berg Pipe is a Florida-based manufacturer of large-diameter line pipes for the oil and construction industries.
Hengeler Mueller’s team included Germany-based Partners Simon Patrick Link, Sarah Milde, and Gunther Wagner, Counsel Alexander Bekier, and Associates Gulsah Civelek, Sebastian Dworschak, and Tobias Schwab.
Hengeler Mueller did not respond to our inquiry on the matter.
Editor's Note: After this article was published, Paksoy announced it had advised Salzgitter Mannesmann as well. The firm's team included Partners Elvan Aziz, Omer Collak, Togan Turan, and Sansal Erbacioglu, Senior Associates Asli Eryilmaz and Busra Akture, and Associate Irem Deyneli.