P+P advises OASE on the acquisition of Reef One Ltd.
The OASE group, headquartered in Hörstel, takes over the assets of Reef One Ltd. with immediate effect. The purchase price remains confidential. The majority shares of OASE group are held by Equistone Partners Europe Fund. Over many years, Reef One has successfully built up the biOrb brand, a premium assortment of aquarium products. The purpose of the acquisition is to combine the strengths of both parties with regard to the launch of the new OASE aquarium portfolio in spring 2016.
P+P Pöllath + Partners advised the OASE group with the following team:
In addition, Ian Baker (partner) and Astrid Trolle Adams (associate) of the British law firm ebl miller rosenfalck advised on the English part of the transaction.
P+P Pöllath + Partners already advised the OASE group in spring 2014 on the acquisition of Geo Global Partners, the leading North American provider of innovative products for water gardens, which is based in West Palm Beach, Florida, as well as on the acquisition of the Italian company Eden Srl. in 2013.
P+P Pöllath + Partners has worked together with ebl miller rosenfalck on several occa-sions