Milbank Advises Saal Digital Shareholders Around Nordwind Capital On Sale Of Shares And Their Reinvest

Author:Dr. Rolf Füger, Sebastian Heim, Thomas Ingenhoven, Alexander Rinne, Odilo Wallner, Patrick Droese, Sebastian Reiner-Pechtl, Alexandra Schäfer and Fritz Schuchmann LL.M.
Profession:Milbank LLP
 
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Milbank advised the shareholders of Saal Digital Group around Nordwind Capital on the sale of Saal Digital Group to Ardian and in connection with a substantial reinvestment by certain sellers. The sale took place as part of an auction process and is subject to antitrust approval.

Saal Digital, headquartered in Siegen, Germany, operates one of the leading online platforms for high-end photo products for end customers in Europe. The group is successfully active in 23 foreign markets.

Ardian is one of the world's leading independent investment companies with more than 610 employees in 15 locations in Europe, South and North America and Asia. The company manages approximately $90...

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