Family Office KIRK KAPITAL A/S acquires majority stake in Scanmetals Germany
Hamburg — A team led by Dr. Jörg Schewe, Partner at Heuking Kühn Lüer Wojtek in Hamburg, provided legal advice to Danish recycling company Scanmetals A/S and its investor KIRK KAPITAL A/S on the acquisition of 85 percent of the shares in independent Scanmetals Deutschland GmbH. With the transaction, Scanmetals A/S takes over a recycling plant in Germany and can increase its annual metal recovery from 30,000 to 45,000 tons. KIRK KAPITAL A/S, minority investor in Scanmetals A/S, has supported the company and management in the transaction.
Scanmetals A/S is a recycling company founded in 2002 based on sustainable technology for optimal use of resources. Through innovative and effective solutions, the recycling company recovers and refines metallic waste from incinerators. Scanmetals A/S has operations in Slagelse, Denmark and Birmingham, UK.
The shareholders of KIRK KAPITAL A/S are direct descendants of Ole Kirk Kristiansen, the founder of LEGO, namely Gunhild Kirk Johansen (3rd generation), Casper Kirk Johansen (4th generation), Morten Kirk Johansen (4th generation) and Anders Kirk Johansen (4th generation). Since 2007, part of the Kirk Johansen family’s asset and investment activities have been consolidated in KIRK KAPITAL A/S.
Advisors to KIRK KAPITAL A/S / Scanmetals A/S: Heuking Kühn Lüer Wojtek
Dr. Jörg Schewe (M&A/Corporate, Lead)
Christoph Prochnau, LL.B. (M&A/Corporate, Due Diligence)
Fabian G. Gaffron (Tax)
Dr. Kai Erhardt (Corporate Finance, Acquisition Financing)
Jana Maria Siemens, LL.B. (Labor Law, Due Diligence)
Katharina Waszczynski (Commercial Contracts, Due Diligence), all Hamburg