Kowalski Clemens Schmidt advised the members of the Hüls family on the transfer of their shares in hülsta AG & Co. KG to Dr. Thomas Knecht. The members of the Hüls family are the sons of Karl Hüls sen. who managed the company until his death in 2001 and expanded it into a leading German furniture manufacturer. Dr. Knecht has been managing director and shareholder of the hülsta group since 2019. He is now also in charge of the management of hülsta as its (indirect) sole shareholder.