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Eversheds Sutherland advises Sky Deutschland on acquisition of telemarketing company @FRIENDS

  • Germany

    18-10-2018

    Eversheds Sutherland advised the media group Sky Deutschland on the acquisition of telemarketing specialist @FRIENDS. With this takeover, Sky specifically expands its service expertise. With the takeover of 100% of the shares, all 500 employees of @FRIENDS will be transferred to Sky.

    With about 5.2 million customers and an annual turnover of € 2.3 billion, Sky is one of the leading entertainment companies in Germany and Austria. The company has already cooperated with @FRIENDS in the customer service area since 2002.

    @FRIENDS is a leading German telemarketing specialist. At its locations in Bielefeld, Braunschweig and Detmold, @FRIENDS supports renowned companies in the field of telemarketing and serves more than five million customer contacts each year.

    The Eversheds Sutherland team which advised Sky Deutschland on the acquisition was led by Thomas Ziegler (Partner, Munich) and included Sven Schweneke (Partner), Dr. Michael Reichard (Principal Associate), Jörg Hoffmann (Associate, all corporate/M&A), Martin Bechtold (Partner, antitrust) and Frank Achilles (Partner, labor and employment, all Munich).

    Eversheds Sutherland regularly advises national and international clients on the legal aspects of cooperations, takeovers or sales. For example, it recently advised US-REIT CyrusOne, specialised in data center properties, on the acquisition of Zenium data centers as well as Shell on the takeover of the energy supplier First Utility.

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    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.

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