Latham & Watkins has advised Swiss Life Asset Managers (Swiss Life AM) and Vauban Infrastructure Partners (Vauban) on the successful implementation of a squeeze-out of the minority shareholders of Aves One AG by way of merging Aves One AG into Rhine Rail Investment AG (merger squeeze-out).
Headquartered in Hamburg, Germany, Rhine Rail Investment AG as legal successor of Aves One AG is one of the largest owners of railcars and swap bodies in Europe.
Latham & Watkins previously represented Swiss Life AM and Vauban in connection with their voluntary takeover offer and subsequent delisting tender offer to the shareholders of Aves One AG in 2021/2022, as well as the acquisition of Wascosa Holding AG in 2022 as a buy and build transaction.
The Latham team was led by Düsseldorf corporate partner Tobias Larisch with Düsseldorf corporate associates Steffen Augschill and Ivo Veit Wanwitz. Advice was also provided on finance matters by London partner Conrad Andersen and Frankfurt Partner Sibylle Münch, with Frankfurt associate Ralph Dräger and Hamburg associate Dr. Jan Frederik Heuer, and London associates Chidi Onyeche and Abi Yussuf.