16.05.2024

Luther advises Click&Boat on cross-border merger

Hamburg, 16.05.2024 – unyer member law firms Luther and Fidal have advised France's leading provider of boat hire services on the takeover of Hamburg-based Scansail Yachts International GmbH.

Background

The French Click&Boat is pushing ahead with consolidation in the charter market. As part of a cross-border merger, the company has integrated Scansail Yachts International GmbH, headquartered in Hamburg, into the group. The merger was carried out in accordance with the new provisions of the German Transformation Act and the French Commercial Code following the transposition of the EU Directive (EU) 2019/2121 into national law.

unyer member Fidal took the lead in the overall transaction. Isabelle Lanoë (Corporate) and Matthieu Chapin (Tax), acted as central advisors to Click&Boat and worked closely with Dr Florian Schulz and Dr Amos Münch, corporate/M&A lawyers at Luther's Hamburg office.

The client benefited from the experienced and well-coordinated Luther-Fidal team, which mastered the EU regulatory challenges in particular. With the integration of Scansail, Click&Boat is continuing its course of consolidation in order to establish itself as a leading charter service provider beyond France.

 

About Click&Boat:

Click&Boat is a major player in the digital boat rental market, with a platform connecting owners and renters of boats available in more than 50 countries. It recently absorbed its 100%-owned German subsidiary Scansail Yachts International.

On behalf of Click&Boat:

Luther, Corporate/M&A: Dr Florian Schulz, M.B.A. (Nimbas), Dr Amos Münch (Senior Associate), Dr Cédric Müller, LL.M. (Partner), Alexander Masson, LL.B. (Senior Associate), Alina Kühn (Associate)

Fidal, Corporate: Isabelle Lanoë (Lawyer)

Fidal, Tax: Matthieu Chapin (Lawyer)