The German company Continental AG has finalised the sale of its loss-making subsidiary ContiTrade France (now known as Xellent) to ASC Investment, a German holding company specialising in the acquisition of underperforming businesses.
DELSOL Avocats assisted ASC Investment in the context of this transaction with a team including Emmanuel Kaeppelin, partner, Marine Petot, counsel, and Jean Leclercq, associate.

