Annwei­ler — The manu­fac­tu­rer of folding carton Buch­mann Karton GmbH sells to carton­board produ­cer Moritz J. Weig GmbH & Co KG. Buch­mann was advi­sed by Heuking Kühn Lüer Wojtek. Howe­ver, the take­over is still subject to regu­la­tory appr­oval. The produ­cers did not disc­lose the amount of the transaction.

Buch­mann looks back on a tradi­tion of about 120 years as an owner-mana­­ged company and is active in the field of deve­lo­p­ment and produc­tion of folding cartons with more than 330 employees at the Annwei­ler site. Buch­mann gene­ra­ted sales of around EUR 190 million in 2022. At the begin­ning of March, a sales agree­ment was signed with the WEIG Group.

WEIG is also an owner-mana­­ged group of compa­nies. WEIG’s acti­vi­ties cover the pack­a­ging, carton­board and recy­cling sectors. The WEIG Group includes compa­nies in Germany and South America. Appro­xi­m­ately 1500 employees gene­rate sales of over EUR 800 million p.a. for WEIG. The sale of the shares to Buch­mann took place within the frame­work of a struc­tu­red sales process.

A team led by M&A specia­lists Dr. Andreas Lenz (Colo­gne) and Dr. Rainer Hersch­lein (Stutt­gart) advi­sed the share­hol­ders of folding carton manu­fac­tu­rer Buch­mann Gesell­schaft mit beschränk­ter Haftung (Buch­mann) on its sale to the WEIG Group.

Advi­sors to Buch­mann Gesell­schaft mit beschränk­ter Haftung: Heuking Kühn Lüer Wojtek 
Dr. Andreas Lenz, Colo­gne, Dr. Rainer Hersch­lein, LL.M., (Corpo­rate Law/M&A, joint lead), Stuttgart;
Dr. Johan-Michel Menke, LL.M., (Labor Law), Hamburg, Michael Neises (Finan­cing), Frankfurt,
Dr. Frank Baßler (Real Estate Law), Stutt­gart, Beatrice Stange, LL.M., (Compe­ti­tion Law), Düsseldorf;
Dr. Emanuel Teich­mann, Ramona Bauer-Schöl­l­­kopf, LL.M., (both Corpo­rate Law/M&A), both Stuttgart,
Bastian Rieck, Dr. Vera Randel (both M&A, Corpo­rate Law), both Cologne;
Antje Münch, LL.M., (IP/IT/Data Protec­tion), Stuttgart,
Bettina Nehe­i­der (Public Law, Envi­ron­ment), Dr. Ruth Schnei­der (Commer­cial), both Munich;
Vero­nika Straub, Ivana Djepic (both Real Estate), both Stuttgart;
Chris­tian Staps, Michèle von Lewin­ski (both Banking & Finance), both Frankfurt;
Dr. Arietta von Stechow, Timo Trefzger (both Labor Law), both Hamburg;
Carina Bart (Labor Law), Stuttgart

The sellers were advi­sed on tax matters by lawy­ers and tax consul­tants Chris­tian Roth and Jens Otto von Bans­bach.

The WEIG Group was repre­sen­ted by a team from Graf von West­pha­len Frank­furt am Main, led by attor­ney Eric Messenzehl.