Document background
The Company Sale Agreement is a fundamental transaction document used in German M&A practice for documenting the sale and acquisition of companies. It serves as the primary agreement between sellers and purchasers, detailing all aspects of the transaction from purchase price to warranties and indemnities. The document must comply with specific German legal requirements, including notarization for GmbH share transfers, and typically incorporates market-standard provisions reflecting German M&A practice. It is used in both private and public company acquisitions, though with different requirements depending on the company type, and can be adapted for share deals or asset deals. The agreement typically results from extensive negotiations and due diligence, and often forms part of a larger transaction document suite including ancillary agreements and closing documents.
