Allen & Overy advises Evonik on acquisition of equity interest in Borussia Dortmund

Allen & Overy is advising Evonik Industries in Essen on its acquisition of an equity interest of approximately 9.06 per cent in Borussia Dortmund GmbH & Co KGaA and extending the main sponsor agreement with Borussia Dortmund until 2024-25.

On acquiring the equity interest, Evonik Industries has become the second-largest individual shareholder in Borussia Dortmund GmbH & Co KGaA. Together with the mutually agreed extension of the main sponsor agreement until the end of the 2024–25 season, Evonik Industries is further expanding the existing brand partnership with Borussia Dortmund.

The Allen & Overy team comprises partner Dr Hans-Christoph Ihrig and associate Dr Tilmann Becker (both Mannheim).