Latham & Watkins LLP has advised the shareholders of Krose GmbH & Co. KG on the sale of the company to Arthur J. Gallagher & Co., a global insurance broker, risk management services, and consulting firm. Headquartered in Bremen, Germany, Krose provides commercial insurance and reinsurance solutions and specializes in the design and placement of complex industrial insurance programs.
The Latham team was led by Frankfurt M&A partner Otto von Gruben and associate Sönke Bock, with associates Florian Brüggemann, Antanas Grimalauskas, and Astrid Preuss. Advice was also provided on tax matters by Hamburg partner Tobias Klass; on IP matters by Frankfurt partner Susan Kempe-Müller, with associate Andreas Wolf; on data law matters by counsel Wolf-Tassilo Böhm, with associate Clemens Ganz; on insurance regulatory matters by Frankfurt partner Axel Schiemann, with associate Adrian Pandza; on real estate matters by associate Marie-Christine Welp; and on employment matters by counsel Florian Dehmel, with associate Julian Traub.
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