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.