Ashurst has advised Fortune 500 company Owens & Minor, Inc on its €130 million planned acquisition of the Movianto group, a European pharmaceutical logistics business, from Celesio AG.
The acquisition will enable Owens & Minor to expand its current reach and to enter the European market.
The Ashurst team was operated jointly out of London and Frankfurt and was led by London-based global head of corporate Stephen Lloyd and Frankfurt-based corporate partner Ingo Scholz, assisted by senior associate Karan Dinamani, counsel Martina Rothe and associates Rajvir Jheeta and Philip Cavailles. Counsel Anna-Katharina Lohbeck advised on TSA matters, with partners Klaus Herkenroth and Richard Palmer and senior associate Caroline Fitzgerald advising on tax issues. Paris-based partner Bertrand Delaunay, assisted by Mélanie Martin and Caroline Mougin from Ashurst’s Paris office also advised. DLA Piper advised Celesio.
