DLA Piper has advised the UK-based company Altro Limited on the acquisition of a majority stake in Debolon Dessauer Bodenbeläge GmbH & Co. KG. The deal involved the acquisition of all limited partnership interests, as well as the implementation of a financing structure and a complex purchaser structure. The purchase price has not been disclosed.

Altro Limited is headquartered in the British county of Hertfordshire. The family-owned enterprise is a leading global manufacturer and supplier of interior surfaces, resin systems, flooring and wall cladding systems.

Debolon Dessauer Bodenbeläge GmbH & Co. KG is a family-run manufacturer of vinyl flooring, with a current workforce of 120 people.

The DLA Piper team led by partner Dr Michael Burg (Corporate, Cologne) and partner Dr Dietmar Schulz (Restructuring, Munich). It included partner Jan Eltzschig, senior associates Timo Betjemann (both Corporate, Cologne) and Silvio McMiken (Corporate, Munich), the associates Maren Beneke, Dr Simon Boll and Johannes Janning (all Corporate, Cologne), senior associate Oliver Otto (Restructuring, Frankfurt), associate Dr Marius Hommer (Restructuring, Berlin), partners Dr Markus Beaumart (Real Estate, Cologne) and Fabian Mühlen (Real Estate, Frankfurt). Further support was provided by associate Moritz Mursa (Real Estate, Cologne), partner Dr Kai Tumbrägel, counsel Saskia Lais-Jansen, senior associates Dörthe Minde and Dr Stephanie Rohlfing (all IPT, Cologne), counsel Marcus Kamp, senior associate Marcus Iske, associate Rodrigo Weihermann (all Employment, Cologne) and associate Dr Gregor Schroll (Antitrust, Cologne).

The sellers were advised by a team from Luther Rechtsanwaltsgesellschaft mbH led by partner Denis Ullrich.