Zepos & Yannopoulos advises on the acquisition of the marine and offshore business of TTS Group

Zepos & Yannopoulos advises on the acquisition of the marine and offshore business of TTS Group

Our firm has advised both the seller and the buyer in connection with the Greek component of a cross-border approx. 87 million Euro transaction related to the acquisition of the marine and offshore businesses of the Norwegian-headquartered TTS Group ASA by MacGregor, a subsidiary of Cargotec Oyj listed on Nasdaq Helsinki Stock Exchange in Finland. Both companies are global providers of handling solutions and access systems and services for the marine and offshore industries. 

The cross-border transaction was coordinated by Wikborg Rein Advokatfirma AS (on behalf of the seller) and Advokatfirmaet Bahr AS (on behalf of the buyer). 

Stefanos Charaktiniotis led the team supported by Stathis Orfanoudakis, Danai Falconaki and Georgina Karaindrou