Osborne Clarke advises ProSiebenSat.1 on sale of weg.de to Lastminute.com
International legal practice Osborne Clarke has advised ProSiebenSat.1 on its sale of all shares in Comvel GmbH to lastminute.com Group.
Osborne Clarke advised on all matters regarding the business model as well as IP/IT law and ecommerce related aspects.
Comvel operates the travel website weg.de, one of Germany’s best-known online travel sites and has been a wholly owned subsidiary of ProSiebenSat.1 Group since January 2014.
weg.de significantly increased its brand recognition within first years of joining ProSiebenSat.1 Group. The contract parties agreed not to disclose details of the acquisition.
An Osborne Clarke team led by Konstantin Ewald advised ProSiebenSat.1. The team included Tim Maiorino, Felix Hilgert, Hendrik Müller (all IT/Commercial), Dr Marc Störing (data protection), Christoph Pitzer, Dr Johannes Ballestrem (both IP), Dr Sebastian Hack (antitrust/Compliance), Janos Mahlo (Real Estate) and Christoph Boeminghaus (Commercial/distribution).
Inhouse at ProSiebenSat.1 Media SE Alexander von Voß (Chief Legal Officer), Dr Holger Kämpgen (Corporate/M&A), Dr Stefan Mayer (Senior Manager M&A International Tax Affairs) and Dr Magnus Beckmann (Commercial Law) were involved.
Osborne Clarke has advised hat ProSiebenSat.1 on several transactions, most recently on the acquisition of esome advertising technologies. Osborne Clarke is a market leader for mid-cap technology transactions AND Juve law firm of the year 2017 for IT.