Renzenbrink & Partner advises the von Allw\u00f6rden family on the sale of its majority stake in the von Allw\u00f6rden bakery group to EDEKA Handelsgesellschaft Nord mbH. The transaction is still subject to approval by the German Federal Cartel Office. <\/p>\n\n
Founded in 1906, the Heinrich von Allw\u00f6rden family bakery also includes the bakery chains Nur Hier, Hanse Frisch, B\u00e4ckerei Knaack and Dallmeyers Backhus. The group employs more than 2,500 people and operates more than 500 branches. <\/p>\n\n
EDEKA Nord has been a minority shareholder in the von Allw\u00f6rden Bakery Group since 2018. With the sale of the majority stake, the fifth generation of the von Allw\u00f6rden family is exiting the bakery segment and handing over the traditional family business in its entirety to EDEKA Nord. <\/p>\n\n
Renzenbrink & Partner provided comprehensive legal and tax advice to the sellers as part of the transaction. The Renzenbrink & Partner team consisted of partners Dr. Ulf Renzenbrink<\/a> (Corporate\/M&A) and Marc H. Kotyrba<\/a> (Tax), as well as senior associate Dr. Toufic Schilling<\/a> (Tax\/M&A) and associate Bastian Harms<\/a> (Corporate\/M&A). Renzenbrink & Partner had already advised the von Allw\u00f6rden family on the acquisition of EDEKA Nord in 2018. <\/p>\n","protected":false},"featured_media":1295,"template":"","class_list":["post-1077","deals","type-deals","status-publish","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"\n