The Competition Law Practice team of Egorov Puginsky Afanasiev & Partners advised the Seller on gaining approval from the anti-trust bodies for sale of Swedish Ahlsell by Cinven and GS Capital Partners.
The sale of Ahlsell AB, Northern Europe’s biggest supplier of technical equipment for utilities, was approved by the FAS of Russia on March 2012. The deal was valued at EUR 1.8 billion.
The company was acquired by CVC Capital Partners, one of the world’s biggest private investment companies, which considers the acquisition of Ahlsell as an opportunity for further developing one of the most actively developing distributors on the European market.
On behalf of Egorov Puginsky Afanasiev & Partners, the Client’s interests were represented by the Firm’s Competition Team, including Partner Natalia Korosteleva and Associate Konstantin Bondarenko.