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NOORDENJONES has advised KONGSBERG on German spin-off of Discovery business

NOORDENJONES has advised KONGSBERG on the German aspects of its corporate reorganisation, involving the separation of its Discovery business into a dedicated legal structure.

The transaction was implemented by way of a spin-off under the German Transformation Act (Umwandlungsgesetz), transferring the Discovery business from Kongsberg Maritime Germany GmbH to Kongsberg Defence & Aerospace Germany GmbH by universal succession. The scope of the transfer included employees, assets and contractual relationships.

The Discovery business focuses on advanced technologies, in particular in the fields of sensor systems, navigation and robotics, and forms part of Kongsberg’s broader maritime defence activities. The reorganisation supports enhanced data security requirements and a clearer separation of business units.

NOORDENJONES advised on all German legal aspects of the transaction, including structuring, preparation of the spin-off documentation, employment law matters and coordination with tax advisers.

The NOORDENJONES team was led by partner Dr. Clemens Hillmer (Corporate/M&A) and included partner Dr. Eckehard Volz (Commercial), partner Anna Waldmann (Regulatory), Jan Mommsen (Counsel, Corporate/M&A) and Jann Ole Golzio (Associate, Corporate/M&A).

Dr. Clemens Hillmer commented:
“Kongsberg Maritime is a longstanding client of the Hamburg team and we are delighted to have supported this transaction. At NOORDENJONES, we recently established a dedicated Marine Defence Group focusing specifically on legal matters in the maritime defence sector. Advising KONGSBERG on this transaction fits perfectly within this strategic focus.”

 

About NOORDENJONES

NOORDENJONES is an internationally connected commercial law firm based in Hamburg, advising on German and English law. The firm focuses on Transport, Insurance & Reinsurance, Energy & Infrastructure, and Private Wealth. Across these sectors, NoordenJones provides the full spectrum of legal services, including Banking & Finance, Corporate & M&A, Commercial, Construction, Dispute Resolution, Regulatory, Restructuring & Insolvency, and Trade & Commodities. Working as one integrated team, NoordenJones is committed to delivering commercially focused, high-quality advice to its clients.


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Dr Clemens Hillmer

Dr Clemens Hillmer
LL.M. (Cape Town)

Partner | Rechtsanwalt
Dr Eckehard Volz

Dr Eckehard Volz
LL.M. (Stellenbosch)

Partner | Rechtsanwalt
 Anna-Sophie Waldmann

Anna-Sophie Waldmann

Partner | Rechtsanwältin