Weil advises Alibaba Digital Commerce Group on investment in Visable Group
The Munich and Frankfurt offices of the international law firm Weil, Gotshal & Manges LLP have advised Alibaba International Digital Commerce Group (“AIDC”) in connection with an investment in the Visable Group via a subsidiary.
The German Visable Group, a former portfolio company of Capvis, operates one of Europe’s leading B2B market platforms with over 3 million European corporate customers. The management of the Visable Group remains invested in the company.
For AIDC, an independent division of the Chinese technology group Alibaba Group Holding, which bundles the international e‑commerce platforms, this investment is of strategic importance due to the intended expansion of its B2B platform.
Advisor Alibaba: Weil, Gotshal & Manges
Munich corporate partners Manuel-Peter Fringer and Prof. Dr. Gerhard Schmidt were in charge and comprised partner Benjamin Rapp (Tax, Frankfurt), counsel Florian Wessel (Regulatory, Munich), Thomas Zimmermann (Finance, Munich), Julian Schwanebeck (Corporate, Frankfurt) and Dr. Konstantin Hoppe (IP/IT, Munich) as well as associates Amelie Zabel, Christopher Schletter (both Corporate, Munich), Alexia Kuhnmünch (Regulatory, Munich), Silvia Lengauer (Finance, Munich), Mario Kuhn (Data Protection, Frankfurt), Fabian Kraupe (Labor Law, Munich) and Steffen Giolda (Antitrust Law, Munich).
About Weil
Weil, Gotshal & Manges is an international law firm with more than 1,100 lawyers. Weil has offices in New York, Boston, Brussels, Dallas, Frankfurt, Hong Kong, Houston, London, Miami, Munich, Paris, Beijing, Princeton, Shanghai, Washington, D.C. and Silicon Valley. In Germany, the firm has two offices and around 60 lawyers/tax advisors in Frankfurt and Munich. The focus here is on providing specialized advice to national and international clients on cross-border private equity and M&A transactions, high-profile litigation mandates, complex restructurings and financings as well as tax structuring.