Latham & Watkins Advises Paragon on Acquisition of Majority Stake in KME SPECIAL

Latham & Watkins LLP advised private equity firm Paragon on the acquisition of a 55% stake in KME SPECIAL, the world leader in casting moulds and casting technologies for the global steel industry. The seller, KME SE, will retain a 45% stake in the newly formed joint venture and will continue to support KME SPECIAL’s growth.

The Latham team was co-lead by Düsseldorf partners Ingo Strauss and Heiko Gotsche, with associate Juan Garcia Jacobsen. Advice was also provided on tax matters by Munich partner Stefan Süß, Hamburg associate Verena Seevers, and Munich associate Philipp Lauer; on restructuring matters by Frankfurt associates Daniel Splittgerber and Marcel Endrich; on IP matters by Frankfurt partner Susan Kempe-Müller; on IT matters by counsel Thies Deike; on data security matters by associate Wolf-Tassilo Böhm; on antitrust matters by Düsseldorf associates Leonie Spangenberger and Tobias Becker; and on employment matters by Munich associate Kristina Steckermeier.