Kromann Reumert

Denmark

IFLR1000 Reviews

Financial and corporate

Danish law firm Kromann Reumert was established in 2000. It has offices in Copenhagen, Aarhus and London.

 

Focusses / specialisms

The firm has a consistently strong offering across all financial and corporate categories.

In banking the firm has a strong acquisition finance practice, which advises clients as they look to borrow, lend and secure funds to merge. The firm is also active in advising lenders and borrowers across a range of financing types.

In capital markets the firm regularly conducts transactions in the debt, equity and structured finance domains. The firm represents on a regular basis leading Nordic and international financial institutions and investment banks, as well as many Nasdaq Copenhagen C25 listed companies.

The M&A team regularly advises on large- size mandates across several of Denmark’s leading sectors. The team also works on small and mid- size deals.

The project development team advises across a wide range of industries and sectors, with strong capabilities to support projects in Denmark and overseas.

In restructuring and insolvency, the firm is regularly involved in the most notable matters in Denmark. It advises the leading Danish banks, as well as foreign banks, private equity firms, investment and hedge funds and creditors.

 

Key clients

Key clients include Nordea, Danske Bank, Nykredit Bank, Ørsted, Carlsberg, DLR Kredit, TryghedsGruppen, Novo Nordisk, Bavarian Nordic, NKT, Capital Four, FLSmidth, Danica, Altor, EQT, Via Equity, Apple, Bergen, Altor, Procuritas, Scandinavian Tobacco, Norlys, Pleje- og Seniorbolig, Industriens Pension and NRE Denmark.

 

Research period review: 33rd edition (2023/2024)

During the research cycle, the firm was actively involved in significant acquisition financings, including multiple cross-border deals, showcasing their expertise in the banking sector. The firm visibility extended to fund financing, refinancing, real estate financing, and project and asset financing work, highlighting their diverse capabilities in the financial domain.

Kormann Reumert played an active role in equity capital markets, handling several notable IPOs, rights issues, and private placements. In debt capital markets, their focus was on advising on green bond and hybrid securities issuances. The firm's expertise in structured finance was exemplified by their advisory role for Capital Four on a CLO issuance.

In the field of M&A, the firm was extensively involved in several of the market's most significant private and public acquisitions, representing both buyers and sellers in these high-profile transactions.

Kromann Reumert demonstrated strong activity in project development, particularly in the real estate sector. Additionally, they served as advisors on numerous green field projects within the Danish energy sector and engaged in early development projects both in Denmark and abroad.

Throughout the research cycle, the firm's restructuring and insolvency team handled highly complex mandates involving both in-court and out-court restructuring and insolvency proceedings. The firm played a key role as trustee and administrator in some of these deals, showcasing their expertise in managing intricate and challenging cases. s.

During the research period, Partner Helle Wehl joined the M&A team.

 

Deal highlights: 33rd edition (2023/2024)

Nature Energy Biogas $2 billion acquisition by Shell Patroleum

Ørsted $7billion EMTN Programme

Ørsted 1.3 billion Green Bond issuance

Coloplast 2.2 billion senior debt financing

 

Client feedback: 33rd edition (2023/2024)

Bank lending 

"Kromann Reumert has some very skilled lawyers and partners that we appreciate working with. They are also good at being proactive and inviting for market updates etc."  

"Leading the process in a very good way for us but also the lender's counsel. Also very much to the point and clear advice. Basically no errors in any regard which is unusual, ie very high quality."

"We consider Kromann Reumert as a full-service, top-tier law firm, where we can trust to receive the best possible legal assistance available. Their ability to work and coordinate across their own specialised functions/teams allows us to save time."

 

Banking and finance

"Very pragmatic and solution-orientated, do not try to create more work for themselves, always deliver timely and within scope/quote, a lot of partner attention, really know their stuff."

"Consistent, high quality, commercial."

"Strong understanding of banking market and on where to push back."

"Friendly, accessible, solution-orientated, professional, reasonable fees."

"They fulfil the role as critical independent advisers with deep expertise in the field of financing."

"They act in a very professional manner, are highly skilled and have a good commercial understanding."

"Excellent legal skills and keen to assist their clients."

"A very commercial and quick approach."

 

Capital markets         

"KR acted as adviser on the financing part. Establishing a bridge loan with the banks followed by an ABB. KR are always very flexible, easy to work with, know the company and our preferences, very unbureaucratic.

"Kromann Reumert are second to none in Denmark when it comes to legal M&A expertise, business understanding and applying their legal expertise to the benefit of the clients."

"Structure, know-how, experience, market insight, including relations to vital market players."

"Very professional and competent. Quality of work is top notch. Always well prepared and easy to deal with."

"Solid expertise, fast and available."

 

Financial services regulatory          

"KR understand our business and our needs. KR has a commercial attitude to solving problems. KR can be trusted."

"Kromann Reumert is easy to communicate with and they understand our business."

"Easy to work with and fast response."

 

Leveraged finance    

"Experienced, problem-solving and solution-minded."

"Clear product expertise. Commercial approach to solving jurisdictional issues in a creative structure."

"Strong local knowledge. Pulls in relevant expertise when needed. Always available."

 

M&A   

"Always one step ahead when doing transactions. Understands the need to have a balanced commercial mindset.            

"Kromann Reumert are second to none in Denmark when it comes to legal M&A expertise, business understanding and applying their legal expertise to the benefit of the clients.

"Proactively advisory – both from a legally and commercial perspective. Good process. Strong team. Important commercial advice.

"Efficient and professional advice, high accessibility and flexibility, good business acumen.

Business knowledge.

"Kromann is in my opinion the leading law firm in the Danish market. Every single partner and attorney provide high-quality legal and commercial advice and are always very pragmatic, pleasant and flexible.

"1. Commitment. 2. Legal insight and solution orientation. 3. Fast response. 4. Great outcome."

"During the transaction Kromann Reumert showed a great level of dedication and were always swift in allocating the necessary recourses to ensure progress. During a complex transaction, we valued having a legal counsel that could manage to keep the deal on track and at the same time ensure that our day-to-day business was 'disturbed' as little as possible. The team demonstrated strong capabilities in negotiating favourable terms and did it in a balanced way, securing a respectful yet a focused 'negotiation atmosphere' between buyer and seller.

"They are very responsive, high level of quality in their advice – nice people to work with.

"Extensive understanding of local laws. Understanding of how software companies work and the way our revenue models work. Constructive and a good team member who are able to work constructively with the seller's law firms.

"They know what they are doing. Very professional. Share insights."

"The core team knows our business and pain points very well. They are very responsive and knowledgeable."

"Listening to both sides, provide balanced proposals and good in closing agreements."

"Very deep bench with some of the very best lawyers in the country. Able to address the full situation in-house using top talent."

"Leading M&A firm in DK."

"Easy to work with. Very flexible. Find good solutions."

"KR was in general on top of everything during the process, including among other things the M&A process as such, the more commercial negotiations with the vendor, TSA negotiations and the understanding of the regulatory framework within which the acquisition was taking place. The team was at all times dedicated to the process and seemed very engaged throughout the process.

"Solution-orientated, great knowledge about market drivers, and fantastic drafting skills."

"They know our business. Very high competence level. High accessibility. Trusted adviser."

"Extremely business-minded with a great eye for all aspects of a transaction. Very attentive and available team."

"Professional, committed and competent."

"Legal expertise, industry insight and commercial understanding."

"Very professional – good negotiators – commercial way of doing legal work."

"Highly qualified, business acumen, agile and approachable."

 

Private equity

"They are in general very responsive and provide qualified and skilled advice and services."

 

Project development

"Kromann Reumert are second to none in Denmark when it comes to legal M&A expertise, business understanding and applying their legal expertise to the benefit of the clients.

"Very professional and successful."

"Always competent and professional advice."

"Very proactive and professional. Has a deep understanding of the industry and I have an extremely high level of trust in the advice they provide. Their relationship is professional and personal – and they are very good at providing advice that is tailored to our specific situation and setting.

"Their great way of providing not just legal advice but also key strategic advice. They really understood our needs as a firm and translated that well into the legal work and became a valued strategic sparring partner also. They were great project managers on the legal side as well and took care of us as a smaller client and helped us get through the whole process from preparing DD to closing finalisations.

"Proactive advice from our lead adviser/lawyer (partner at Kromann Reumert) who is close to our company. Furthermore, involvement of relevant and professional and skilled specialists.

"In-depth knowledge of the rules and good judgement on how to manage the issue. Quick and to-the-point advice."

 

Project finance          

"KR has delivered a very high quality of work while also providing a very smooth and timely process."

 

Restructuring

"Good business insight."

"Professionalism in all aspects."

"Good business insight."

 

Hashim Ali Iqbal        

"A can-do attitude and great to work with!”

 

Søren Andreasen      

“Skilled within his field of expertise, real estate.”

 

Jakob Bernhoft         

Jakob is very nice to work with and is a pleasant person.

Very solution-orientated and skilled, great focus on important stuff.

Jakob has extensive knowledge in his field. He has a great understanding about the commercial reality of our work. Furthermore, he is very good at keeping the negotiations to the point, avoiding unnecessary conflict. Jakob has a great personality and is easy to work with.

Jacob is an excellent financial lawyer with a deep knowledge of banking and lending.

Very easy to work with, thinks of alternative solutions and very commercial approach.

 

Erik Bertelsen

“An expert on dispute resolution who can easily connect with new topics and legal areas.”

 

Jens Blomgren-Hansen       

“Jens is very proactive and solutions-orientated and is ALWAYS available and responds to emails at all hours of the day.”

 

Jeanne Bønsdorff     

“Responsive, good understanding of our business, works constructively with the seller and finds solutions.”

 

Christina Bruun Geertsen    

"Very nice person, easy to work with, always finds smooth solutions, unbureaucratic."

"Very knowledgeable and solution-orientated; always available."

"1. Commitment 2. Legal insight 3. Solution orientation 4. Always meets deadline 5. Keeps a high spirit and calmness even in peak situations."

"Always very responsive and fast in delivering feedback."

"Christina is extremely knowledgeable and with a great commercial mindset. Her pragmatic style and approach is very valuable as it tends to create a very constructive relationship with counterparties and with the best possible outcome for you as a client that also has a commercial interest to protect.

"Highly competent and knowledgeable. Always easy and pleasant to work with. Top-quality work and advice."

"Easy to work with. Finds good solutions."

 

Jeppe Buskov

"Jeppe is both deeply involved in the details of our transactions and at the same time has the overview of all workstreams. He is a good negotiator and has a commercial mindset pushing where it provides value and leaving pure lawyer discussions on the side.

"Jeppe is extremely knowledgeable and great at putting his legal capabilities into a business context. He's a fast thinker and very attentive to his client and drives deal progress."

"Highly skilled, devil in the detail, well-connected, approachable and manages a risk-based approach to perfection."

 

Peter Buskov

"Very responsive, practical, clever, very good overview, solid work processes even when many buyers are being handled at the same time."

 

Christina Bruun Geertsen    

"Always available, experienced, constructive way of working, finds solutions."

 

Teis Gullitz-Wormslev          

"Friendly, accessible, skilled."

 

Flemming H Andersen          

“Deep understanding of the real estate market.”

 

Andreas Hallas          

"Professional working relationship with an active dialogue. High level of responsiveness."

 

Maria Holst Levin      

"Good understanding of our business and relevant legal topics, high accessibility and efficient communication."

"Good at listening, proposes balanced solutions and closes the deals."          

“Subject-matter expert. excellent balance of the theoretical/technical and the practical.”         

“Legal expertise and industry insights.”

 

Jan Hvarre     

"Extremely professional. Very likeable. You can count 100% on his work."

 

Thomas Kaas

"Clear product expertise. Extremely commercial. Doesn't miss a detail. Very responsive."

 

Christian Lundgren  

"When it comes to capital markets lawyers in DK, Christian Lundgren is second-to-none, both in terms of legal expertise and relevant, to-the-point advice."

"Christian knows us very well and is able to offer very on-point advice every time."

"Able to find innovative solutions that most lawyers cannot and which are aligned with the commercial intent of the deal."

"Highly skilled. Trust. Good humour. Accessible."

 

Christian Jul Madsen

"Good business insight."

 

Jacob  Møller 

“All his attributes are positive.”

“Very competent and well known to our company and business areas.”

 

Christian Paarsgaard Ibsen

“Christian has a strong winners mentality and he will not settle for 9 out of 10 if he can win 10 out of 10. As a leader he delegates and empowers his team members to own their own areas of responsibility. He is good at providing clarity and to ensure progress. If you have Christian on your team you’re in good hands.”

"Competent, reliable, effective."          

“Knows what he is doing. Professional in M&A. Knows the game.”

"Commercial understanding. Personality."

"Very high knowledge about our business. Always delivers high-quality work."

"Professional, attentive, personal in his advice and services, extremely pleasant in his approach to people, great understanding of our business. Always deliver on time and to very high quality.

"Christian displays a great amount of client understanding and really combines the role as a legal adviser with being a strategic partner as well. Christian has a winning mentality which shines through in the process. Christian has a great combination of pragmatism and solution-orientation but you are always sure that things are done in the right way, and that creates value and speed in the process and work with KR.”

"Easy to work with. Swift and to the point."

"He knows our company, he does his part to ensure a very positive relationship, he is available, he always comes back with answers, he is professionally strong and he has the relevant market knowledge.”

"Very responsive – highly qualified – creative approach."

"Professional."

"Good business insight."

 

Marianne Philip         

"Very skilled, having knowledge of our company, our industry and all the relevant market players, including major experience."

"She understands my need for doing things right, but in a pragmatic way."

"A very strong legal mind combined with excellent interpersonal skills."

 

Kim Rasmussen        

"In-depth knowledge of the financing industry."

"He provides good service and is easy to communicate with."

 

Mads Reinholdt Sørensen   

"He is our main contact and our primary legal adviser. Proactively advisory – both from a legally and commercial perspective. Good process. Strong team. Important commercial advice.

"Very good Industry knowledge, solution-orientated, business understanding."

 

Peter Schiøler Skaaring        

"Takes the lead in the process, available, good legal advice, easy to work with."        

"Specialised in LMA (Loan Market Association) and related documentation to an extent rarely seen in the Danish market, great responsiveness and easy to work with.

"Responsive, solution-minded, quick."

"Very dedicated and professional. Relationship-driven. Focuses on the right things."

 

Søren  Skibsted        

"Very professional mindset concerning the client relationship. Highly skilled."

 

Anders Stubbe Arndal

“Best energy lawyer in DK.”

 

Jesper Hvitfeldt Juul

“Jesper is the next star in his field. A talent that shows a very strong ability to go the extra mile and perform at a high level 24 hours straight. He maintains an overview despite complexity and offers on-point recommendations when needed.”

 

Peter Ketelsen          

“1. Legal insight and outcome = results. 2. Easy to work with. 3. Sustainable solutions on legal challenges.”

“Very responsive, very clever, solid sector overview, creative, clear in communication.”

 

Jeppe Lefevre Olsen

"Very competent in the area of tender rules and contract management."

 

Peter Schiøler Skaaring        

"Peter Schiøler is a very talented financial lawyer with excellent skills within banking lending."

"Friendly, accessible, skilled, solution-orientated."

 

Kumaran Thavarajah

"Kumran is very knowledgeable and pleasant to work with."

                       

Peter Schiøler Skaaring        

"Very pleasant to work with and knowledgeable."