PwC Legal advises SGL Group on business unit carve-out

August 24, 2016

Frankfurt am Main, August 24th August 2016

PwC Legal provided comprehensive legal advice to the graphite and carbon manufacturer SGL Carbon SE on the legal separation of its business unit Performance Products. The planning and realisation of the carve-out in eight countries with regard to corporate and labour law were the focus of the consultation project. PwC experts worked in close cooperation with the lawyers of PwC Legal on the tax structuring and valuation of the transaction.

SGL Group is a world-leading manufacturer of carbon-based products. The group is headquartered in Wiesbaden and has a global structure with 41 production sites throughout the world. . The Business unit Performance Products is one of the company’s three global business units and specialises in the manufacturing of graphite electrodes, cathodes and furnace linings. In 2015, SGL Group had more than 5,600 employees and generated an annual turnover of €1.32 billion.

Advisors to SGL Carbon SE

PwC Legal

Dr Simon Dürr (team lead), Christina Maurer-Heinze, Gwendolin Seinecke-Krankowsky (Corporate/International Business Restructuring, Frankfurt am Main), Nanette Ott (labour law, Frankfurt am Main), Michael Küper, Marc Goldberg, Daniel Callejon Thömmes (energy law, Düsseldorf), Dr Jan-Peter Ohrtmann (IP/IT, Düsseldorf)

PwC

Torsten Klamm, Stefanie Pongs, Sabine Rau, Hannah Hermann (International Tax Services, Frankfurt am Main), Christian Knechtel, Joachim Hogg (Operational Carve-Out, Frankfurt am Main), Andreas Mackenstedt, Anette Exner (Valuation, Frankfurt am Main), Jörg Bredy, Matthias Bühler (Vendor Assistance, Frankfurt am Main), Johannes Weiler (VDD Frankfurt am Main)

In-house

Dr Stephan Bühler, Dr Michael Kuschnick, Dr Dirk Matthes, Michael Kamper (corporate law), Birgit Reiter, Stefan Pruin (HR), Thomas Wienhues (project lead)

About PwC Legal

PricewaterhouseCoopers Legal AG Rechtsanwaltsgesellschaft (law firm PwC Legal) is represented with more than 200 lawyers at 19 locations in Germany. It provides integrated legal advice in cooperation with the business lines audit and assurance services (Assurance), tax consulting services (Tax) as well as deals and consulting (Advisory) of PricewaterhouseCoopers AG Wirtschaftsprüfungsgesellschaft. Sound technical know-how and practice-oriented economic understanding characterise the way we work. PwC Legal is a member of the worldwide PwC Legal network, with more than 2,500 lawyers offering their services in over 80 countries worldwide.

About PwC

At PwC, our purpose is to build trust in society and solve important problems. We’re a network of firms in 157 countries with more than 208,000 people who are committed to delivering quality in assurance, advisory and tax services.

PwC refers to the PwC network and/or one or more of its member firms, each of which is a separate legal entity. Please see www.pwc.com/structure for further details.