Freshfields crowned kings of German M&A 2005

Freshfields Bruckhaus Deringer topped the German M&A tables last year by value and numbers of deals.

The firm acted on 84 deals worth EUR 58.2 bn, placing it ahead of magic circle rival Clifford Chance which took second place advising on 69 deals worth EUR 51.1 bn.

German firm Hengeler Mueller sits comfortably in fourth place, with a deal tally of 40 but it was Skadden Arps Slate Meagher & Flom that made the biggest gains on the Mergermarket chart. The US firm rocketed 65 places to number five in the deals, its transaction count rising to 22.

Skaddens’ deal haul includes being one of the advisers to HypoVereinsbank on its EUR11.4bn sale to Italy’s UniCredito Italiano.

The German M&A market accounted for 14 per cent of all European activity by value and 16 per cent by volume making it second only to the UK.