We use cookies to personalise our website for you and to analyse how our website is being used. You give us your permission to do so, by clicking on the “I agree” button or by continuing to use our website after you have received the cookie notification. You will find further information on cookies in our cookie policy, our privacy policy and our terms of use. I AGREE International English Law . Tax PeopleExpertiseLocationsOnline servicesCareersAbout CMS News & Information Publications Events Social media CMS RE­MAINS ON GROWTH PATH: 8.4 % IN­CREASE IN REV­EN­UE TO EUR 1.01BN IN 2015 10/06/2016 Frankfurt, 10 June 2016. CMS, the top 10 international law firm, today announces its financial results for 2015. Total annual revenues of EUR 1.01bn compared with 2014 revenues of EUR 934.5m, a year-on-year increase of 8.4% Net profit up 6.8% compared with 2014 The CMS Corporate/M&A Group achieved top rankings in the major 2015 deals tables compiled by Bloomberg, Mergermarket and Thomson Reuters Ranked 2nd most global firm in the AmLaw 2015 Global Top 100 First international law firm to open an office in Iran on 1 February 2016 32 new partners across CMS in 2015. Cornelius Brandi, Executive Chairman of CMS, commented, “Last year, we achieved another set of excellent results. Our strong increase in revenue is a tangible indicator of our commitment to providing our clients with quality legal advice that has a positive impact on their business. Independently conducted surveys show that our clients are very satisfied with the service they receive from us. "In 2015, we advised on a number of high-profile deals across a range of industry sectors worldwide. As in previous years, we have achieved top rankings in the major 2015 M&A League Tables. By deal count, we were ranked #1 in Europe by Bloomberg and Thomson Reuters, #2 in Europe by Mergermarket and #3 globally by Bloomberg (up to USD 500m). "Already one of the largest law firms worldwide – we were ranked 2nd most global firm in American Lawyer’s 2015 Global Top 100 for the second consecutive year – we have continued our expansion and now have 60 offices in 34 countries. At the beginning of this year, we became the first international law firm to open its own office in Tehran, Iran." Duncan Weston, who was the managing partner of CMS in the UK for eight years, has been appointed CMS Executive Partner for Global Development. In his new role, he will intensify or build relationships with potential CMS partner firms outside the CMS territories. CMS added 32 new partners in 2015 across a wide range of jurisdictions, taking the total to over 850. A selection of international client mandates included: Banking, Finance and Insurance Advised an international banking consortium led by KfW IPEX-Bank and UniCredit on the EUR 1.2bn refinancing of the bank loans of VTG Aktiengesellschaft Advised Allianz Russia on a reinsurance indemnity claim against Infrassure. The court case led to a new legal precedent being set for the enforceability of Russian civil law judgments in Switzerland. Corporate/M&A Advised Aurelius on the acquisition of the trade operations of Swiss Valora Group and on the acquisition of the European Crafts business of Coats plc Advised AMP Capital and a syndicate of its managed funds on the joint acquisition of a GBP 365m stake in Angel Trains. Dispute Resolution Advising a number of large consumer products manufacturers on significant damages claims against three of Germany’s largest sugar producers in a case of price collusion by market sharing and coordinating exports to reduce volume in 2014 Represented an international oil company in a EUR 2bn ad hoc arbitration seated in Europe concerning rights of a long-term gas sales agreement – CMS also acted as advocates. Energy and Utilities Acted in an oil products case in the Court of Appeal on behalf of Rosneft Marine (UK). Lloyd’s List has described the case as “the most spectacular shipping legal imbroglio so far this century” Advised CVC Capital Partners on its EUR 477m acquisition of PKP Energetyka, the energy unit of Polish National Railways. Lifesciences Advised Australian-headquartered Sonic Healthcare Ltd. on its CHF 327m acquisition of Switzerland’s second largest laboratory group Medisupport Advised Curetis N.V., a developer of next-level molecular diagnostic solutions, on its EUR 40m IPO in Amsterdam and Brussels. Tax Advised on the tax structuring of a joint venture between Airbus and Safran to develop launchers for space vehicles and satellites Advised AXA on the conclusion of an agreement with OTP Bank Plc to sell its banking activities in Hungary run through the Hungarian branch of AXA Bank Europe. Technology, Media and Communications Advised Telefónica Deutschland on its debut private placement. It raised EUR 300m from institutional investors through a combined transaction involving promissory note loans and registered bonds Advised Viatel on the recent sale of its non-Irish fibre network and enterprise business to Zayo Group, a global provider of bandwidth infrastructure and network-neutral co-location and connectivity services. PUBLICATION CMS setzt Wachstumskurs fort Download PDF 165.1 kB Related people Duncan Weston Partner Cornelius Brandi Partner Related content CMS expands in Latin America CMS re-elects Executive Chairman to four-year term CMS Hasche Sigle heads up mergermarket’s H1 M&A ranking Most read CMS International @CMS_Law_Tax Our partner @RoomtoRead and we are working together to empower young people through education #WorldYouthSkillsDay… https://t.co/b9olQMfBmD Press contact Amanda Lietz Senior Communications Manager Frankfurt (CMS Legal) Isabel Scholes Director of Marketing and Communications Frankfurt (CMS Legal) © CMS Legal 2017 Legal Information Privacy Policy Cookie Policy Terms of Use Contact