AVELLUM Advised Deutsche Beteiligungs
AG on Investment in Dieter Braun GmbH

AVELLUM acted as the
Ukrainian legal counsel to Deutsche Beteiligungs AG ("DBAG") in
connection with the EUR5.9 million investment in Dieter Braun GmbH ("Braun").

AVELLUM advised Deutsche
Beteiligungs AG on the due diligence of real estate, IP and employment matters,
protection of employees' rights and social benefits of the Ukrainian subsidiary
of Braun.

In particular, AVELLUM
focused on compliance with labour law requirements, analysis of legal relations
with private entrepreneurs, analysis of employment conditions and social
benefits, which are provided to the Ukrainian employees in the context of
obligations, which our client undertook upon the investment.

DBAG is a listed private
equity company, which initiates closed-end private equity funds and invests
alongside the DBAG funds in well-positioned mid-sized companies with potential
for development.

Braun is a specialist
and solutions provider in cable assembly and lighting for the automotive
industry.

AVELLUM team working on this project was led by
Managing Partner, Mykola Stetsenko, with significant support from Associates,
Yuriy Zaremba, Andrii Gumenchuk, and Dmytro Tkachuk.