Our global pages
Close- Global home
- About us
- Global services/practices
- Industries/sectors
- Our people
- Events/webinars
- News and articles
- Eversheds Sutherland (International) Press Hub
- Eversheds Sutherland (US) Press Hub
- News and articles: choose a location
- Careers
- Careers with Eversheds Sutherland
- Careers: choose a location
Eversheds Sutherland advises Glanbia on the acquisition of a majority stake in LevlUp GmbH
- Germany
23-08-2021
International law firm Eversheds Sutherland has advised publicly listed Glanbia group on the acquisition of a majority shareholding in LevlUp GmbH, a direct-to-customer gaming nutrition brand located in Göttingen, Germany. Sellers are the two founders as well as several early-stage investors. The two founders will remain as managing directors as well as minority shareholders of the company. The transaction was completed on 31 May 2021.
LevlUp GmbH, founded in 2018, produces and distributes ready-to-mix powder products and accessories to gamers and e-sports athletes. The products are designed to support the user’s performance and concentration while gaming.
Maximilian Findeisen, co-head of Eversheds Sutherland’s Dusseldorf office, comments, “We are very pleased to support our client Glanbia with this strategically important transaction in Germany and look back to a great teamwork with the client's team and a constructive cooperation with the sell-side.”
The Eversheds Sutherland team which advised Glanbia on the transaction was led jointly by Corporate M&A partners Maximilian Findeisen (Dusseldorf) and Anthony Cross (Munich) and further included partners Simon Weppner (Tax, Dusseldorf), Lutz Schreiber (Commercial, Hamburg), Martin Bechtold (Competition, Munich), principal associates Kathrin Gack and Magdalena Kotyrba-Hagenmaier (both Commercial, Munich), senior associates Annekathrin Hoffmann (Litigation, Munich) and Steffen Morawietz (Commercial, Munich) as well as associates Luise Paulsen (Munich), Maximilian Spitzhorn-Stork (Dusseldorf, both Corporate/M&A), Niklas Schilawa (Tax, Dusseldorf), Carolin Obermaier (Commercial, Munich), Philip Kuehn (Commercial, Hamburg) and Carl-Philipp Fischer (Labour Law, Munich).
This information is for guidance purposes only and should not be regarded as a substitute for taking legal advice. Please refer to the full terms and conditions on our website.
- Eversheds Sutherland advised Sequoia Fund on financing granted to Green Genius to build 66 MW solar power plants in Poland
- Will the new UK Procurement Bill truly transform public procurement?
- We represented Oiva Isännöinti Group Oy in two corporate transactions
- Eversheds Sutherland HK advises NWS Holdings Limited on acquisition of premium China logistics portfolio
- Eversheds Sutherland strengthens corporate crime and investigations team