Harbour Investment GmbH Unternehmensberatungs- und Beteiligungsgesellschaft signed a contract to acquire Schades A/S and R+S Group GmbH from Hansol Paper Co., Ltd. (KOSE:A213500) and Miraeasset Daewoo Hunters Private Equity Fund on March 16, 2020. As per terms, out of the 6 shares, 5 shares of R+S Group will be acquired for KRW 12.9 billion from Hansol Paper. Post completion, Hansol Paper Co., Ltd. will not hold shares in R+S Group GmbH. The transaction is resolved by the Board of Directors of Hansol Paper Co., Ltd. on March 16, 2020. The deal is expected to close on April 15, 2020. Gleiss Lutz acted as legal advisor to Hansol Paper. Regina Engelstaedter, Viktoria Ruppel, Arthur Eichmann, Uwe Halbig and Fritz Kleweta of Paul Hastings LLP acted as legal advisor to Harbour Investment.