SANDS ASSISTED THE ORCHARD WITH ACQUISITION OF PHONOFILE AS
SANDS is proud to have assisted The Orchard, out of New York, to acquire 100% of the shares of the Norwegian digital music publisher, Phonofile AS. The company was acquired from SendR GmbH, together with the German digital music publisher Finetunes GmbH. The acquisition agreement was signed on Wednesday 3 May, at a reported total purchase price of approximately 20MEUR. Our team was headed by partner Lars Berge Andersen. See press release from our German cooperation partners, Taylor Wessing, here.