We are delighted to announce that our corporate team advised ANATOL Jewels, a leader in the production and trading of fine jewellery, on its common demerger by virtue of the provisions of L. 4601/2019 and L. 4935/2022.
Through this corporate transformation, the demerged company was dissolved without being wound up and its assets have been transferred to two newly established companies by way of universal succession.
It is remarkable that the demerger was “asymmetric” in the meaning that each of the demerged company’s partners received shares only in one of the two newly established beneficiary companies; this fact, combined with the application of the favorable provisions of tax L. 4935/2022, successfully led to the demerged company’s business separation providing at the same time important tax incentives to the beneficiary companies and their partners.