Menold Bezler advises management and minority shareholders of Aqseptence Group on sale to Oaktree
Menold Bezler has advised AS Global Management Participation GmbH on the sale of its minority stake in Aarbergen-based Aqseptence Group GmbH to US financial investor Oaktree Capital Management, L.P. and the management of Aqseptence on the reinvestment.
Aqseptence, a former Bilfinger subsidiary, is a leading provider of water and wastewater treatment plants and was part of the Chinese Zhongzhi Enterprise Group. The company has approximately 1,500 employees worldwide. The existing management team will remain both active and invested in the business.
Oaktree is an alternative investment manager with USD 179 billion in assets under management as of 30 June 2023. The firm has over 1,100 employees worldwide and offices in 20 cities.
A Menold Bezler team led by Vladimir Cutura advised AS GMP on all legal aspects of the transaction and the management of Aqseptence Group on the reinvestment. The management of Aqseptence Group has trusted the law firm for many years on various legal matters.