Freshfields Bruckhaus Deringer LLP

04/08/2024 | Press release | Distributed by Public on 04/09/2024 04:31

Freshfields advises 3M on spin-off of Solventum

News

08 April 2024

Freshfields advises 3M on spin-off of Solventum

Global law firm Freshfields Bruckhaus Deringer ('Freshfields') has advised the US technology group 3M on the spin-off of its healthcare division. The business is now listed on the NYSE under the name Solventum. The transaction involved the legal separation and reorganisation of the healthcare business with a turnover of 8.2 billion US dollars in over 90 jurisdictions. A large international Freshfields team as well as numerous law firms from our Stronger Together network, helped by the Freshfields Hub and the Freshfields Lab who provided tailored legal tech solutions were at play to achieve this tremendous result on time.

The core team included:

Partners:
Barbara Keil, Elizabeth Oberholzer (both Global Lead, Corporate Law, Munich), Thomas Granetzny (Employment Law), Theresa Ehlen (IP/M&A, both Düsseldorf), Michael Ramb (Regulatory, Berlin), Christian Sistermann (Tax, Munich), Peter Niggemann (Antitrust, Düsseldorf), Gerrit Beckhaus (Real Estate, Hamburg/Berlin), Takeshi Nakao (Tokyo), Dirk-Jan Smit (Amsterdam), Miriam Pérez-Schafer (Madrid), Luigi Verga (Milan), Dr Farid Sigari-Majd (Vienna), Fares Al-Hejljalan (Riyadh), Vincent Macq (Brussels), Stephen Hewes (London; all Corporate Law)

Counsels:
Christine Laciak (Antitrust/Foreign Investments, Washington), Philipp Lehmann, Stefan Bajohr (Düsseldorf, both IP/M&A), Dr Martin Rehberg (Tax, Munich)

Principal Associates:
Katharina Reinhardt (Dispute Resolution, Berlin), Elisabeth Wulf (Corporate Law), Nina Gissinger (Real Estate Law, both Hamburg), Julian Siller (Tax, Munich), Sarah Rohmann (Employment Law, Düsseldorf)

Associates:
Julius Röck, Jan Postweiler, Philipp Schneider, Stephan Aust (all Munich), William Bjoerklund (Berlin; all Corporate Law), Benjamin Blum (Dispute Resolution, Frankfurt), Ingo Trenn (Tax), Julia Kilp (Employment Law, both Munich)

Freshfields Lab:
Gerrit Beckhaus (Co-Head Lab, Hamburg/Berlin), Lucas Treichl (Co-Head Lab, Vienna/Berlin), Blagoy Penchev (Lead Legal Solutions Engineer, Berlin), Marvin Hartmann (Legal Solutions Engineer, Düsseldorf)

Transaction Lawyers/Paralegals:
Lisa-Marie Woschniak (Munich), Chelsia Tai (Frankfurt), Vielka Hernandez Ceballos, Maria Konstantinou, Vitalii Ushakov (both Frankfurt), Ekaterina Chepurnaya (Munich)