Dr. Jörg Kraffel

Partner, Berlin

Biography

“Very client-oriented, excellent expertise.”
Client

Overview

Jörg Kraffel is a senior partner in our worldwide M&A Practice. He supports clients with large-scale M&A transactions and all aspects of corporate law and is recognized by respected legal guides as a leading practitioner in his field. Clients benefit from Jörg's extensive domestic and international experience, which spans more than 20 years - both as a partner at White & Case and as a partner in the M&A practice of another leading global law firm. During this time, he has been called upon to advise major clients such as the Federal Republic of Germany and Vattenfall GmbH. Jörg's practice is particularly focused on helping companies and partnerships to structure and execute technically complex national and cross-border transactions, including joint ventures. He has also developed a significant track record in investment and acquisitions in the energy and real estate sectors, as well as privatizations.
Bars and Courts
Rechtsanwalt
Notar, Notarkammer Berlin
Education
Second State Exam
Higher Regional Court of Berlin
First State Exam
Free University of Berlin
Dr jur
Free University of Berlin
Languages
German
English

Experience

DIC Corp., 2020
Advising DIC Corp., a Japanese fine chemicals company, and its US subsidiary Sun Chemical Corp., on DIC's €1.15 billion acquisition of BASF's global pigments business, known as BASF Colors & Effects (BCE).
 
EWE, 2019
Advised EWE AG, one of Germany's largest municipal enterprises, and the Ems-Weser-Elbe Versorgungs- und Entsorgungsverband, an alliance formed of 21 cities and districts in the Ems/Weser/Elbe region, on the sale of 26% of the shares in EWE AG to the infrastructure investor ARDIAN.
 
STEAG, 2017
Advised STEAG GmbH on the sale of 49% of the shares in its wind farm portfolio in France to an infrastructure fund of Allianz Global Investors. STEAG remains majority shareholder with 51 percent and continues to be responsible for commercial and technical management.
 
STEAG, 2017
Advised STEAG GmbH on the sale of a 49% stake in STEAG Fernwärme GmbH to MEAG, the asset manager of Munich Re and ERGO, as well as on the signing of a shareholders agreement.
 
Vattenfall, 2009 - 2016
Advised Vattenfall on various transactions, including the (i) sale of 50Hertz Transmission GmbH to Elia and IFM, (ii) sale of its majority shareholding in the regional energy supplier WEMAG AG, (iii) sale of its 24,9% share in Staedtische Werke AG to Thüga AG, (iv) sale of its 25% share in the Rostock hard-coal fired power plant to RheinEnergie AG, (v) sale of its 85.5% majority shareholding in the waste incineration plant “Müllverwertung Borsigstraße GmbH” to Stadtreinigung Hamburg, (vi) outsourcing of the facility operations services in Germany to ISS, and the (vii) sale of a 74.9% stake in Lauta and a 100% stake in Ruedersdorf, both waste to energy power plants, to STEAG. 
 
German Ministry of Finance, 2012
Advised on the €471 million sale of TLG Wohnen GmbH to MDAX-listed TAG Immobilien AG and on the €1.1 billion sale of TLG IMMOBILIEN GmbH to private equity investor Lone Star.
 
HSH Real Estate AG, 2007-10
Advised on numerous transactions, including the purchase of a 50% stake in US Treuhand Verwaltungsgesellschaft für US-Immobilienfonds mbH from the four US Treuhand investors.

Awards and Recognition

Highly Recommended Lawyer, JUVE 2019/2020
M&A and Corporate

Highly Recommended Lawyer, JUVE 2019/2020
Energy law: Regulatory and Energy sector: Transactions/finance

Highly Recommend Lawyer, Best Lawyers/Handelsblatt 2019
M&A and Corporate