RiverRock European Opportunities Fund of RiverRock European Capital Partners LLP signed a contract to acquire all assets of Alno AG for €20 million on December 18, 2017. RiverRock intends to resume the business operations of Alno AG under the name of Neue Alno Gmbh. Among the essential conditions include the approval of the creditors' committee, the establishment of a transfer company and the approval of short-time work by the employment agency. Martin Hörmann, Tobias Wahl, Christof Schiller, Martin Göbel, Silvio Höfer, Lars Hinkel, Markus Koch, Michael Flitsch, Alexander Reus, Thomas Rieger, Michael Verken, Kim Johnson, Michael Müller II and Vincenz von Braun of Anchor Rechtsanwälte acted as insolvency administrator for Alno AG. Watling Street Advisors acted as advisor for RiverRock European Capital Partners LLP. Hendrik Boss, Rupprecht von Weichs zur Wenne, Tim Abendschein, Marc Andre Gimmy, Anna Maria Fischer, Bert Kimpel, Jens Escher, Ulf Gosejacob, Verena Ahmann and Jan Philipp Rectorschek of Taylor Wessing acted as legal advisor for RiverRock. Sigma Corporate Finance acted as financial advisor to ALNO AG. RiverRock European Opportunities Fund of RiverRock European Capital Partners LLP completed the acquisition of all assets of Alno AG on January 5, 2018.