Gleiss Lutz has advised Hessisch-Thüringische Sparkassen-Beteiligungsgesellschaft mbH (HTSB) on the acquisition of a further 13 per cent stake in Hannover Leasing from Landesbank Hessen-Thüringen Girozentrale (Helaba). This means that HTSB now holds 48 per cent of the shares in Hannover Leasing. HTSB is owned by 49 savings banks operating in Hesse and Thuringia.
Hannover Leasing is one of the largest initiators of closed-end funds and one of the leading leasing companies in Germany. Among other things, the Hannover Leasing Group offers fund-based and financing solutions for domestic and foreign real estate, airplanes, ships, renewable energy, infrastructure and industrial plant. Over the past 30 years, private and institutional investors have invested EUR 9 billion in the group’s closed-end funds, and the group currently manages assets totalling EUR 15.8 billion.
The Gleiss Lutz team consisted of the following lawyers: Dr. Jan Bauer (partner, lead), Jan Phillip Mohr (both corporate/M&A), Dr. Maximilian von Rom (partner, banking supervision), Dr. Stefan Mayer (partner) and Dr. Cindy Lahusen (both tax), as well as Dr. Wolfgang Bosch (partner) and Antonia Harbusch (both antitrust) (all Frankfurt).
Gleiss Lutz also assisted HTSB with the acquisition of its initial 35 per cent stake in Hannover Leasing in 2010.
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