Gide has advised Adeo, European leader and the third largest global player in the home improvement and DIY market, on the sale of 100% of equity in Leroy Merlin Consulting (Beijing) Co., Ltd and the transfer of its property in Beijing to Ministorage Investment V Limited, a Hong Kong registered company operating a self-storage business in Asia.
Gide advised on all aspects of the project, including legal due diligence, structuring study, drafting and negotiation of transaction documents, and assistance for closing.
The Gide team was headed by partners Guo Min and David Boitout, working with associates Zhao Jingjing and Zhao Jie.