Renzenbrink & Partner advised go asia Holding GmbH and its founding shareholders, the Ye family, on the sale of go asia Group to US Private Equity Funds advised by H.I.G. Capital. The transaction involves the acquisition of all shares in go asia Deutschland GmbH and Orient Master GmbH. As part of the transaction, the sellers will retain an equity interest in the group.<\/p>\n\n
Founded in Berlin in 2009 by Wengui Ye, go asia Group operates Germany’s largest supermarket chain specializing in Asian food products. With approximately 74 stores across Germany, the group offers a broad range of Asian groceries, beverages, household products and kitchenware. In addition to its retail operations, the group is active in wholesale distribution and the import and sale of Asian food and consumer products. Its operating activities are primarily conducted through Berlin-based go asia Deutschland GmbH and Orient Master GmbH.<\/p>\n\n
The transaction marks an important step in the long-term development of go asia Group and provides a foundation for its continued expansion. By retaining an equity stake, the Ye family will continue to participate in the group’s future development. Founder Wengui Ye will also remain actively involved in the management of the business.<\/p>\n\n
Renzenbrink & Partner provided legal and tax advice to the sellers on the transaction, including its corporate structuring and the sellers’ reinvestment. The Renzenbrink & Partner team consisted of Christopher Blumenthal<\/a>, Dr. Ulf Renzenbrink<\/a> (both Corporate\/PE), Marc H. Kotyrba<\/a>, Dr. Jens Wrede<\/a> (both Tax\/PE) and Dr. Alexander Haunschild<\/a> (Corporate\/PE) as well as Maximilian Mulert<\/a> and Jannis Dany<\/a> (both Corporate\/PE).<\/p>\n","protected":false},"featured_media":2708,"template":"","class_list":["post-2714","deals","type-deals","status-publish","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"\n