© Copyright Acquisition International 2024 - All Rights Reserved.

Article Image - A Successful Merger
Posted 3rd March 2016

A Successful Merger

Last year, Frankfurt based firm ARNECKE SIEBOLD and Munich based firm SIBETH combined to form ARNECKE SIBETH.

Mouse Scroll AnimationScroll to keep reading

Let us help promote your business to a wider following.

A Successful Merger
Image

Last year, Frankfurt based firm ARNECKE SIEBOLD and Munich based firm SIBETH combined to form ARNECKE SIBETH. We spoke with Michael Siebold, Founder and Member of Management Board of ARNECKE SIEBOLD, about the successful merger and how this has led them to experience a highly eventful and prosperous Q4.

Since our inception in the summer of 2015, the question of how best to serve our German clients abroad as well as international clients in Germany and on the continent became a crucial question. We decided to offer our full service capabilities to the wide and diverse range of domestic and international clients by concentrating certain services in different offices in order not to duplicate our offering and thus competing with one another. Despite our size of more than 110 fee earners and app. 200 staff in our four

offices in Frankfurt am Main, Munich, Berlin and Dresden we work seemlessly across all offices – and throughout the world together with our network partners.

As a company working in a highly competitive industry, our firm has a number of different attributes which allow us to differentiate ourselves from our competitors. We offer practical solutions delivering excellent legal service. In a global and quickly changing world, our clients expect us as well as our international network partners to be their trusted specialist advisers, strongly entrenched in our communities, cultures, etiquette and customs, understanding their businesses by being sector-focussed. We are personal and collaborative, innovative, creative and international in our approach, mind-set and service delivery, and fair and transparent in our pricing – Mehr als Recht.

As such, we also strive to become the ‘Go To’ firm for our people, attract high performing, ambitious and

smart colleagues sharing our values.

The merger to become ARNECKE SIBETH went ‘live’ on the 1st of September last year, and immediately produced synergies in joint pitches and services to existing clients as well as increasing our visibility to new clients. Furthermore, applicants from law schools as well as lateral hires also wanted to join our team, allowing us to grow immediately in excess of earlier growth.

Despite the merger and the cost and time associated therewith, in particular for integration, as well as time spent on merger activity, the overall firm experiencedboth revenue and profit growth making 2015 a very successful year. One rather significant and somewhat typical deal for ARNECKE SIBETH was the renovation of the Eurotower building in Frankfurt following the move of the ECB into its new headquarters and the subsequent sale to IVG which closed late in 2015, a deal worth approximately 500 million US$. This deal involved many of our real estate experts as well as the corporate/M&A team, and we continue to be involved in the project today when it is fully let, reflecting the lifecycle approach towards real property the firm is taking.

Generally speaking, global M&A activity was strong throughout the year, with the last quarter seeing a number of megadeals, including Pfizer’s purchase of Allergan, Anheuser-Busch InBev’s acquisition of SABMiller and the merger between DuPont and Dow

Chemical. Furthermore, cross-border deal values in the last quarter of 2015 rose to a record high. As one can imagine, financial and legal advisers such as ourselves benefited greatly from this increase.

Looking further into 2016 and beyond, our teams in all locations will grow at all levels, and we will also add capabilities in renewable energy and anti-trust. Furthermore, we are looking at strengthening our overall workforce by focused internal continued education, secondments, etc. and becoming even more attractive to millenials and colleagues returning from parental leave.

Alongside these aspirations, we expect to become even more involved in global cross-border transactions, mainly originating from North-America, China and the UK. Domestic M&A will also remain strong and we expect to expand our German client base as well.

In our region, Germany will remain a vibrant and strong economy in 2016 and M&A activity will reflect this. With this in mind, ARNECKE SIBETH is well positioned to play a vital role in this market and we will be looking for further opportunities to expand, in Frankfurt, Munich and Berlin and possibly also in other major German cities.

 

Categories: Leadership, M&A


You Might Also Like
Read Full PostRead - Eye Icon
5 AI Trends Profoundly Benefiting Business Bottom Lines
Innovation
26/01/20235 AI Trends Profoundly Benefiting Business Bottom Lines

In today’s tumultuous business-scape amid increasingly intricate, and often vexing, marketplace conditions, curating and mining data to drive analytics-based decision making is just no longer enough. For competing with maximum, sustained impact and mitigated

Read Full PostRead - Eye Icon
Battery Bonanza!
Innovation
13/10/2021Battery Bonanza!

Constant development means that businesses are always looking for the latest developments. Leading the way forward is the team at American Battery Solutions.

Read Full PostRead - Eye Icon
3 Sales Tips That Will Transform Your Business
Strategy
18/09/20203 Sales Tips That Will Transform Your Business

An effective sales team can completely transform a business’s fortunes. With the right leadership, your sales staff can become the linchpin of your entire organisation. Here are three tips for training a sales team to have a transformative effect on your bus

Read Full PostRead - Eye Icon
Intertwining Technology to Solve Business Solutions
Innovation
30/08/2019Intertwining Technology to Solve Business Solutions

Globus Eight Inc provides IT security and support, healthcare domain support and IoT framework services. Following their recent success in AI’s Global Excellence Awards 2019, we profiled the firm and caught up with CEO, Alok Sinha who provided us with a deta

Read Full PostRead - Eye Icon
Alexion’s Acquisition of Synageva
M&A
28/05/2015Alexion’s Acquisition of Synageva

Alexion's Acquisition of Synageva

Read Full PostRead - Eye Icon
Why Business Intelligence Tools Are a Great Way to Track Your Growth
Innovation
29/07/2022Why Business Intelligence Tools Are a Great Way to Track Your Growth

Elements of running a successful business can feel invisible; you can look at profits, losses, and sales, but it’s not always straightforward to ascertain why the figures are what they are. What’s causing the drops or surges and where you should concentrat

Read Full PostRead - Eye Icon
Marriott International to Double in Size in Europe
Finance
08/03/2016Marriott International to Double in Size in Europe

Marriott International in Europe, a division of Marriott International Inc announced today that it will double in size once its acquisition of Starwood Hotels & Resorts Worldwide, Inc is complete.

Read Full PostRead - Eye Icon
What Soft Skills Can Trading and Investing Give You
Finance
29/01/2021What Soft Skills Can Trading and Investing Give You

We hear and read a lot about what skills you need in order to succeed at investing. Everyone wants to know the secrets to success, and what skills they need to work on to be able to get there. But what about the benefits that trading can give you as a person a

Read Full PostRead - Eye Icon
The Impacts of Corporate Tax Reform III
Legal
04/01/2017The Impacts of Corporate Tax Reform III

We are a full-service business law firm. This enables us to render all our services as integrated services across legal areas. Most of our clients are multinational businesses. The firm was established 1911, so we have a history of 105 years now. This makes us



Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have 14 unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

Arrow