WTS intensifies cooperation with Lucanet Amana

WTS, a global full-service provider of tax advisory services and financial & deal advisory, has advised HVEG Fashion Group (“HVEG” for short), a leading company in the fashion industry, on the acquisition of all shares in Sassa Mode Group on financial and tax matters.

Sassa Mode Group, an internationally successful medium-sized company based in Germany, specializes in women's lingerie and nightwear. This merger marks a milestone in HVEG's growth strategy and strengthens the company's position in the market for women's underwear. In addition, this step offers great growth opportunities and bundles synergies.

The transaction was successfully completed in mid-July and was comprehensively supported by WTS in the tax and financial areas. While the tax team led by Axel Wagner was responsible for preparing the tax due diligence, the tax aspects of the purchase agreement and advising on the structuring of the transaction, the deal advisory team led by Dr. Rainer Doll provided advisory services in the area of financial due diligence and financial SPA advice.

WTS consulting teams

Tax:

Axel Wagner, Partner

Johannes Hirt, Manager

Maximilian Benkert, Consultant

Sebastian Plötz, Professional

Advisory: 

Dr. Rainer Doll, Partner

Christian Hörmann, Director

Nils Sattler, Manager

Marie Tierhold, Senior Consultant

About HVEG Fashion Group

HVEG is a group of internationally active fashion companies specializing in the development, sourcing and distribution of private label fashion for women, men, children, babies, eyewear and accessories. In addition, HVEG is involved in various brand activities, such as MAGIC Bodyfashion, Bamboo Basics, Brams Paris, Maison de Paris and Five2One Eyewear. With employees in the Netherlands, Germany and supporting offices in Bangladesh, China and Hong Kong, HVEG is committed to providing commercial and responsibly produced collections on a daily basis. HVEG's mission is to unburden its customers by developing affordable fashion in a more sustainable way.

More information: hvegfashiongroup.com