The transaction course of was led by Dentons, assisted by HPP Attorneys, Wenger Vieli, Setterwalls, and Binder Grösswang Rechtsanwälte.
HPP Attorneys suggested on the transaction with a workforce comprising companions Andrew Cotton (M&A) and Anna Roubier (FDI/Regulatory).
Lawyer Month-to-month had the pleasure to talk with Anna Roubier, Companion at HPP Attorneys to provide us some additional perception into this transaction:
Please inform us extra in regards to the function you performed throughout this transaction.
Because the transaction concerned a goal that provides defence and regulation enforcement brokers (‘DLE’), the transaction additionally required a pre-closing approval by the Finnish FDI screening authority, the Ministry of Financial Affairs and Employment of Finland.
HPP Attorneys assisted Beretta Holding in submitting an entire notification to the Finnish Screening Authority and the next regulatory course of. The transaction was cleared in a speedy method throughout Section I proceedings, with no requests for additional data.
How does your work on this deal match the profile of your agency?
The work on the Beretta Holding/RUAG Ammotec transaction displays very nicely the kind of assignments that HPP Attorneys handles frequently. We now have intensive expertise in multijurisdictional issues and usually help purchasers in cross-border transactions, together with with respect to regulatory processes, akin to FDI and merger management clearances. HPP usually companions with main regulation companies world wide in servicing our clientele.
What impression is that this deal anticipated to have for the broader firearms market, and for RUAG Worldwide?
HPP assisted Beretta Holding with the Finnish FDI regulatory course of. The Finnish Screening Authority concluded that the transaction has no impression on a key nationwide curiosity and cleared the acquisition in Section I proceedings.