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CMS Hasche Sigle has finally taken control of Norton Rose’s Cologne office after the completion of lengthy talks between the two firms.
In September 2004 it emerged that the 17 Norton Rose partners in Cologne were discussing a move with Hasche Sigle. The talks came to an end on 23 December and the office formally became part of the German firm on 1 January this year.
All Norton Rose’s partners as well as 43 associates are joining Hasche Sigle, which has also taken over the office building in Cologne and 65 support staff.
The Cologne office became part of Norton Rose in 2000 after breaking away from German firm Gaedertz.
Norton Rose chief executive Peter Martyr said: "It has been a perfectly amicable arrangement. The underlying reason is one of business alignment."
Martyr said that the move is "entirely consistent" with Norton Rose strategy. He added that the firm has no plans to withdraw from Germany, and wants to continue to grow in its remaining offices in Frankfurt and Munich.