Our Work
Latham & Watkins Assists Paragon in Securing CFIUS Clearance
July 16, 2026
CFIUS concluded that there were no unresolved national security issues with respect to Paragon's transaction with KME SE in relation to Cunova GmbH.
The Paragon Fund III GmbH & Co. geschlossene Investment KG (Paragon) received clearance from the Committee on Foreign Investment in the United States (CFIUS) in connection with transactions involving the repurchase of its 55% indirect participation in Cunova GmbH (Cunova) by KME SE. CFIUS concluded that there were no unresolved national security issues with respect to the transaction.
Latham & Watkins LLP represents Paragon in the transaction. The CFIUS team was led by Washington, D.C. partner Les Carnegie and Washington, D.C. counsel Zachary Eddington, with associate Christine Kalpin. The M&A team was led by Düsseldorf partner Ingo Strauss.