Duke Street’s Acquisition of A-ROSA Flussschiff GmbH


White & Case LLP has advised Duke Street, a private equity firm focused on leveraged buyout and growth capital investments in European middle market companies, on the acquisition of A-ROSA Flussschiff GmbH (A-ROSA).

A-ROSA, based in Rostock in northern Germany and in Chur in Switzerland, is the market leader in the premium segment for river cruises on Europe’s Danube, Rhine/Main/Mosel, Rhône/Saône and Seine rivers. The company was founded in 2001 as a subsidiary of P&O Princess Cruises and employs around 600 people. More than 85,000 passengers travelled on board A-ROSA cruises during 2017.

Duke Street is a private equity firm specializing in acquisition, leveraged buyouts and buyins of established middle market companies, consolidation, public to private transition, parent company distress, and buy and build investments in mature companies. It does not invest in start-ups, early-stage companies, and turnaround situations. The firm, led by Peter Taylor, Charlie Troup, Stuart McMinnies, Stuart Hall and James Almond, is based in London.

The White & Case team which advised on the transaction was led by partner Stefan Koch (picture) (Frankfurt) and included partners Florian Degenhardt (Hamburg), Norbert Wimmer (Berlin) and Justus Herrlinger (Hamburg), local partners Florian Ziegler (Frankfurt) and Veit Sahlfeld (Hamburg), counsel Christoph Arhold (Berlin) and associates Tomislav Vrabec, Hugo Schwarz Leite, Marco Stephan (all Frankfurt), Kathrin Ahting (Berlin), Daniel Valdini, Julia Cornelius (both Hamburg) and Andreas Kössel (Frankfurt). Lawyers from the White & Case office in Paris office also advised on the transaction.

Willkie Advises Waterland Private Equity with Mario Schmidt and Stefan Jörgens, Axel Wahl, Patrick Meiisel, Jan Wilms, Jasmin Dettmar, Bettina Bokeloh, Christian Rolf, Stefan Bührle, Adrian Dengler, Erik Göeretzlehner and Karsten Silbernagel.

Involved fees earner: Mario Schmidt – Willkie Farr & Gallagher; Stefan Jörgens – Willkie Farr & Gallagher; Axel Wahl – Willkie Farr & Gallagher; Stefan Bührle – Willkie Farr & Gallagher; Adrian Dengler – Willkie Farr & Gallagher; Patrick Meiisel – Willkie Farr & Gallagher; Bettina Bokeloh – Willkie Farr & Gallagher; Jan Wilms – Willkie Farr & Gallagher; Jasmin Dettmar – Willkie Farr & Gallagher; Christian Rolf – Willkie Farr & Gallagher; Stefan Koch – White & Case; Veit Sahlfeld – White & Case; Tomislav Vrabec – White & Case; Hugo Schwarz Leite – White & Case; Marco Stephan – White & Case; Norbert Wimmer – White & Case; Kathrin Ahting – White & Case; Justus Herrlinger – White & Case; Christoph Arhold – White & Case; Daniel Valdini – White & Case; Julia Cornelius – White & Case; Florian Ziegler – White & Case; Florian Degenhardt – White & Case; Andreas Kössel – White & Case;

Law Firms: Willkie Farr & Gallagher; White & Case;

Clients: Duke Street; Waterland Private Equity;

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