Outsourcing, Inc. (TSE:2427) agreed to acquire the shares of Orizon Holding Gmbh from Orizon Luxembourg SARL for €81.6 million on December 14, 2016. As per the transaction the Board of Directors, at its meeting held on December 14, 2016, has decided that OSI Holding Germany GmbH which is a subsidiary of the Outsourcing, Inc. (TSE:2427), acquires the shares of Orizon Holding GmbH. This transaction is estimated to be executed by the end of June 2017 whereas it is subjected to the completion of approval procedures in Germany and Luxembourg. The deal value includes the advisory fee of €7.5 million. Michael Burian, Axl Kuhlmann, Maike Sauter, Adrian Bingel, Anselm Christiansen, Christopher Vogl, Simon Dewes, Jan Stenger, Eva Reudelhuber, Teresa Baldwin, Stefan Mayer, Thorsten Glombik, Jens Guenther, Alexander Molle, Matthias shields, Philipp Naab and Claudia Maria Wirth of Gleiss Lutz acted as legal advisor to Outsourcing. Burc Hesse, Albrecht Brodhun, Sebastian Paul, Georg Piroth, Stefan Sweet, Christine Watz Inger and Jörn Kowalewski of Latham & Watkins acted as legal advisor for Silverfleet Capital. Winfried Carli and Matthias Weissinger of Shearman & Sterling LLP acted as the legal advisors to Silverfleet Capital Partners. Nomura Holdings, Inc. (TSE:8604) acted as the financial advisor for OUTSOURCING Inc. (TSE:2427). Outsourcing, Inc. (TSE:2427) completed the acquisition of Orizon Holding Gmbh from Orizon Luxembourg SARL on January 4, 2017. The deal was completed after receiving the necessary approvals from each country.