Sun, Apr
64 New Articles

Noerr Advises Aluminium Rheinfelden Group on Sale of Assets to RUSAL

Noerr Advises Aluminium Rheinfelden Group on Sale of Assets to RUSAL

  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

Noerr has advised the Aluminium Rheinfelden Group on the sale of its assets to Russian aluminum manufacturer RUSAL, in the form of an asset-reorganization deal.

Aluminium Rheinfelden is a German aluminum manufacturer that was founded in 1898.

RUSAL is a Moscow-headquartered manufacturer of aluminum and its alloys. The company employs around 64,000 people and operates its assets in 13 countries across five continents. RUSAL reported USD 9.7 billion in revenue in 2019.

According to Noerr, “on September 22, 2020, the Aluminium Rheinfelden Group applied for the initiation of insolvency proceedings as self-administration proceedings…[and] the takeover is still subject to the approval of both the German Federal Ministry for Economic Affairs and Energy and the Federal Cartel Office.”

Noerr’s team included Frankfurt-based Partners Thomas Hoffmann and Christof Federwisch, Associated Partner Andrea Braun, and Associate Sabrina Lux; Munich-based Partner Christoph Rieken and Associates Niclas Gajeck and Katja Schmitt; Berlin-based Partner Kathrin Westermann; Brussels-based Associated Partner Claus Zimmermann; and Dusseldorf-based Associate Linda Degen.

The firm did not reply to an inquiry about the deal.

Noerr at a Glance

Noerr stands for excellence and entrepreneurial thinking. With well-versed teams of strong characters, Noerr devises and implements solutions for the most complex and sophisticated legal matters. United by a set of shared values, the firm’s 500+ professionals are driven by one goal: the client’s success.

Listed groups and multinational companies, large and medium-sized family businesses as well as financial institutions and international investors all rely on the firm.

As one of the top European law firms, Noerr is also well established internationally with offices in eleven countries and a global network of top-ranked “best friends” law firms. In addition, Noerr is the exclusive member firm in Germany for Lex Mundi, the world’s leading network of independent law firms with in-depth experience in 100+ countries worldwide.

Firm's website.