Deloitte Legal advises Hannover Finanz on the sale of its stake in chemical distributor OQEMA

Deloitte Legal partners Dr. Harald Stang (lead) and Dr. Maximilian Habel (both Corporate/M&A, Hanover) advised Hannover Finanz on the successful sale of its long-standing stake in OQEMA AG. OQEMA, based in Korschenbroich near Mönchengladbach, is one of the ten largest chemical distributors in Europe and offers services along the entire supply chain. The medium-sized company employs more than 1,600 people and has a portfolio of more than 15,000 products for life sciences, technical applications and environmental protection.

Hannover Finanz has developed the company together with the management as part of a buy-and-build strategy over the entire period of the investment made in 2014. During this period, OQEMA has completed more than 40 acquisitions and the turnover increased from 430 million euros to almost 2 billion euros. Hannover Finanz was also able to successfully accompany the company succession after former CEO Peter Overlack and the rebranding of Overlack AG to "OQEMA AG" in 2018.

For years, the Hanover-based private equity firm Hannover Finanz has regularly relied on the expertise of the Deloitte Legal team in Hanover, which has a proven track record of numerous transactions with PE investors and medium-sized companies.

Advisors to Hannover Finanz:

Inhouse: Dr. Christina Silberberger (Partner General Counsel)

Deloitte Legal Rechtsanwaltsgesellschaft mbH:
Dr. Harald Stang, Dr. Maximilian Habel (both Partner, Corporate/M&A, Hannover), Felix Skala (Partner, Antitrust, Hamburg)

Published: December 2024