Greenberg Traurig advises HanseMerkur in Acquisition of Shares in German Soccer Club HSV

Greenberg Traurig advised HanseMerkur Holding AG on the acquisition of approximately 6.7% of the shares of HSV Fußball AG (HSV). The parties have agreed not to disclose details of the transaction or the purchase price.

HanseMerkur has been the exclusive partner of HSV since the 2018/19 season. Since the 2022/23 season, the insurance group has been the main sponsor of the men's professional team, the first women's team, and the youth teams. By becoming a shareholder, HanseMerkur is expanding its existing commitment and intends to further support the development of HSV.

HanseMerkur is an independent insurance group in Hamburg's financial center. The group is also one of the largest German private supplementary health insurance providers for those with statutory health insurance. In addition, it is one of the market-leading insurance companies in the travel and leisure sector.

Background:

The HanseMerkur Group works with Greenberg Traurig often:

Greenberg Traurig's corporate lawyers have advised HanseMerkur Grundvermögen on several transactions, including a joint venture to acquire the BHF-Bank high-rise building in Frankfurt am Main and the acquisition of the Campus am Kunstpalast in Dusseldorf.

Last year, the firm's Private Funds practice group set up an Article 8 financing fund for HanseMerkur Grundvermögen. The investment law lawyers also have advised HanseMerkur Krankenversicherung on the structuring of various funds and funds of funds, most recently in 2023 on the placement of a feeder fund on the Luxembourg Stock Exchange.

About Greenberg Traurig: Greenberg Traurig, LLP has more than 2650 attorneys in 47 locations in the United States, Europe and the Middle East, Latin America, and Asia. The firm is a 2022 BTI "Highly Recommended Law Firm" for superior client service and is consistently among the top firms on the Am Law Global 100 and NLJ 500. Greenberg Traurig is Mansfield Rule 6.0 Certified Plus by The Diversity Lab. The firm is recognized for powering its U.S. offices with 100% renewable energy as certified by the Center for Resource Solutions Green-e® Energy program and is a member of the U.S. EPA's Green Power Partnership Program. The firm is known for its philanthropic giving, innovation, diversity, and pro bono. Web: www.gtlaw.com