Osborne Clarke in the acquisition by Ströer of 51% of Dea Holding

Written on 19 October 2020

The German group Ströer, listed on the Frankfurt Stock Exchange and specialising in out-of-home media, offering its customers personalised and fully integrated end-to-end solutions, has entered into partnership with the shareholders of Dea Group, a group active in the business of dialogue marketing in Italy, purchasing 51% of Dea Holding.

Osborne Clarke advised Ströer in the acquisition, with a team led by partner Umberto Piattelli together with senior associate Stefano Panzini and associate Laura Pallanza. Joachim Wöge founder of Wöge &Co acted as financial advisor to Ströer. KPMG advised on the financial, tax and employment due diligence aspects of the transaction.

Dea Group’s shareholders were advised by LCA Studio Legale. Vitale & Co acted as financial advisor.

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