Herbert Smith Freehills has advised Düsseldorf-based Rheinmetall AG on the conclusion of a purchase contract with MaxamCorp. Holding S.L. of Madrid to acquire the entire share capital of Expal Systems S.A of Madrid, a globally active ammunition maker. Completion of the transaction, for which a closing date in summer 2023 is sought, is subject to approval by the competition authorities and other regulatory checks. The purchase price agreed between Rheinmetall and MaxamCorp. is based on an enterprise value of €1.2 billion.
The global Herbert Smith Freehills team advising Rheinmetall was jointly led by corporate/M&A partners Dr Sönke Becker (Düsseldorf) and Alberto Frasquet (Madrid).
Where the legal industry reads first.
Enjoyed this article? Get the biggest legal industry updates, deals, appointments, insights and expert interviews in your inbox, free.
No spam. Unsubscribe anytime.From Legal Desire
Is your firm the one being cited, or the one being skipped?
We ran the test. On several everyday legal questions, software companies are answering and law firms are not. We help firms fix that, and we build the technology behind the practice.
