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GKK and WSF sold INNO to Axcent of Scandinavia and SKEL

GALERIA Karstadt Kaufhof (GKK) is the second largest department store group in Europe with 92 locations and approximately 15,000 employees. In April 2020, the company filed for insolvency. Since then, it has received support from The Economic Stabilisation Fund (WSF) administered by the Federal Republic of Germany – Finance Agency (Bundesrepublik Deutschland – Finanzagentur GmbH) …

Clairfield advises Belgian Mobile ID, itsme®, on the acquisition of nextAuth

The itsme® app is used by more than seven million citizens to identify themselves, log into websites, confirm transactions and sign documents online. With this acquisition, BMID can further enhance the security and convenience of itsme®, thanks to the integration of nextAuth’s patented mobile multi-factor authentication solution. Additionally, it allows BMID to enrich its product …

Yamada and Clairfield jointly advise Miura Co. on the acquisition of 20% stake in Jensen-Group and the sale of 49% stake in Inax Corp

The transaction serves as the basis for a global cooperation between Miura Co. and Jensen-Group which will enhance the market position of both companies while benefiting from each other’s key features. Miura Co. will access the European market with its products and expand the product offering of Inax Corp, providing total solutions to Japanese customers. …

Clairfield acted as exclusive financial advisor in the sale of Tractebel GKW to GFA Group

A joint Clairfield German/Belgian project team was in charge of managing the sales process from identification of targets, preparation investor materials, moderation of meetings with prospective buyers, management of due diligence, support in contract negotiations, and preparation of transition issues. In GFA, GKW finds a reputable shareholder with a strong focus on international cooperation as …