06.09.2024 | Deals done
Flick Gocke Schaumburg has advised Barmenia Versicherungsgruppe and Gothaer Versicherungsgruppe on their merger, resulting in the creation of Germany’s tenth-largest insurer.
By leveraging their combined strengths in the insurance sector, Barmenia and Gothaer aim to diversify their business. The merger will create a joint insurance group with total commission income of approximately EUR 7.5 billion.
Flick Gocke Schaumburg provided tax and legal advice, particularly in the areas of corporate and group law, supervisory law, and antitrust law. Additionally, the firm assisted with structuring and implementing the merger, providing advice on future corporate governance arrangements and the safeguarding of member rights.
Barmenia was founded in Leipzig in 1904. The group employs around 4,500 people across Germany. Gothaer was founded in Gotha in 1820 and is one the oldest mutual insurance companies in Germany. The group employs around 5,000 people.
Advisors to Barmenia Versicherungsgruppe and Gothaer Versicherungsgruppe:
Flick Gocke Schaumburg: Dr. Michael Erkens, Dr. Jan C. Giedinghagen (both corporate law, group law, and supervisory law), Prof. Matthias Rogall, Prof. Ingo Stangl (both group and corporate tax law), Dr. Florian C. Haus (antitrust law), Dr. Frieder Mörwald, Dr. Sebastian Binder, Brigitte Körner (all tax), Stefan Thilo (corporate law and supervisory law); associates: Dr. Joseph Sieger (corporate law and supervisory law), Dr. Tobias Keller, Semih Baz, Sophie Fellmet, Alexander Gaub, Romina Küpper, Dr. Paul Schirrmacher (all corporate law), Dr. Verena Roder-Hießerich (intellectual property), Andreas Augenstein, Stefan Dicken, Justina Fischer, Dr. Benjamin Graßl, Maximilian Penzkofer, David Sabelleck, Anika Schröter (all tax), Dr. Jan Mädler (antitrust law)
BLD Bach Langheid Dallmayr: Dr. Joachim Grote, Dr. Martin Schaaf, Jan Binz (all insurance law and insurance supervisory law), Dr. Alexander Beyer (distribution law and data privacy law); associates: Martin Grünnagel (distribution law and data privacy law), Jens-Niklas Vogel (insurance contract law and insurance supervisory law)
Seitz: Dr. Stefan Seitz, Dr. Johannes Traut, Annika Hausmann, Timo Pulat (all labor/employment law)
In-house advisors at Barmenia and Gothaer: Martina Sauer, Dr. Torsten Schulte, Dr. Christoph Schaal, Tobias Nagel, Manuela Krütt, Martina Buttler, Lukas Berg, Oliver Adenaw, Dr. Herbert Jötten (all law), Dr. Jürgen Bauer, Britta Baller, Ulrike Danel (all labor/employment law), Jan Prediger, Stephan Oetzel, Michael Groß, Anja Bauer, Bruno Weitzel, Stephan Hamacher, Benedikt Jost, Dirk Bette-Mehring, Uwe Henke (all finance/tax)