News

FRANZlegal advises on Eckes-Granini's participation in true fruits

FRANZlegal advised the founders and shareholders of true fruits GmbH, Bonn, on Eckes-Granini Group's participation in the company.

true fruits is a leading supplier of chilled fruit beverages in Germany. Eckes-Granini Group GmbH, Nieder-Olm, a leading supplier of non-alcoholic fruit beverages in the European market, has acquired 35 % of the share capital of true fruits GmbH. The founders and managing directors Marco Knauf, Inga Koster and Nicolas Lecloux remain strategically and operationally responsible for the company.

The transaction was completed in mid-May 2018.

Dr. André Kowalski (M&A) and Axel Staudt (M&A, antitrust law) advised the founders and shareholders of true fruits GmbH. Mr. Frank Berg and Mr. Christian Büker of I-ADVISE AG advised them in tax related matters.

Contact: Dr. André Kowalski/Axel Staudt

 

FRANZlegal advises Hüls Group on the Divestiture of Rolf Benz

FRANZlegal advised Hüls group on the divesture of premium sofa manufacturer Rolf Benz to Jason Furniture. Jason Furniture is a publicly listed Chinese manufacturer of furniture and other household products and is active under the brand KUKA Home in 119 countries. The transaction will be closed once customary conditions precedent are fulfilled.

André Kowalski and Christoph Neven, partners of FRANZlegal, advised Hüls group on this transaction after they had already supported Hüls on the sale of RUF-Betten and Parador in 2016. Jason Furniture relied on Orrick and PwC. Orrick's team was led by Wilhelm Nolting-Hauff and Hang Xu while Roman Wollscheid was responsible for the PwC team. Acting notary was Armin Hauschild.

Contacts: André Kowalski/Christoph Neven
 

FRANZlegal advised PippaJean

FRANZlegal advised PippaJean, a social selling community for jewelry and accessories, in a further financing round. PippaJean’s investors comprise Vorwerk Direct Selling Ventures, HV Holtzbrinck Venture, Klingel Group as well as the funds Crosslantic and Seaya.

Christoph Neven advised PippaJean on this project.

Contact: Christoph Neven
 

FRANZlegal advises on the divestiture of Hallo Pizza to Domino's

FRANZlegal advised the sole shareholder on the divesture of Hallo Pizza Group to Domino's. Hallo Pizza is Germany's second largest independent pizza delivery service with approximately 170 restaurants. The acquirer is a joint venture between Australia's Domino's Pizza Enterprises Limited and British Domino's Pizza Group plc. that currently operates around 210 restaurants in Germany. The share purchase agreement was concluded on October 18, 2017 and will be closed in early 2018.

FRANZlegal's André Kowalski, Axel Staudt and Christoph Neven advised the sole shareholder on this project.

Contacts: André Kowalski/Christoph Neven

 

FRANZlegal advises the city Plettenberg concerning their disposal of its shareholding in the Krankenhaus Plettenberg gGmbH (non-profit limited liability company)

FRANZlegal advised the city Plettenberg concerning the sale of its majority interest in the Krankenhaus Plettenberg gGmbH to Radprax-group. At the same time, Radprax also purchased the residual interest of the Mendritzki foundation. The Krankenhaus Plettenberg gGmbH operates especially the local  hospital and a retirement home in Plettenberg.  Due to the sale, the city was able to separate from the sustained deficit shares and was further able to secure at least for the medium term the continued existence of the hospital .

The transaction has been executed at the end of August 2017.

The city Plettenberg was advised in this project by the partners Axel Staudt and Dr. Christoph Neven.

Contacts: Axel Staudt/Dr. Christoph Neven