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Germany Private equity

28 Jun 2010

Gleiss Lutz merges with Rittstieg

Gleiss Lutz is to merge with Hamburg boutique Rittstieg in a surprise move that hands the German law firm a new office in the city.

 

The merger is expected to go live on 1 October after the partners of Gleiss voted unanimously at the weekend (26 June) to green-light the takeover of Rittstieg. The respected 10-lawyer boutique was founded in 2000 by Andreas Rittstieg (pictured), a former lawyer at Stegemann Sieveking & Lutteroth in Hamburg (which later became Bruckhaus Westrick Heller Löber and then Freshfields Bruckhaus Deringer).

 

Rittstieg is best known for its private equity expertise. Clients include Gardeur, which is represented on the sale of a subsidiary to HSH Private Equity, MPC Capital, Kühne Holding and Tomorrow Focus.

 

Rittstieg said: “We have proven in the past ten years that we can handle complex matters with the same quality as major leading law firms. Joining forces with Gleiss Lutz means that we can now offer our clients direct access to the resources of one of the leading full-service law firms in Germany.”

 

The new Hamburg branch will be Gleiss’ sixth office. The firm opened in Düsseldorf last September.