GOF advises founders of Asphaltgold on sale to Arklyz Group
Darmstadt/ Munich — Gütt Olk Feldhaus advised the founder and sole shareholder of asphaltgold GmbH & Co KG on the sale to Arklyz Group. The Asphaltgold founder will remain with the company as managing director after the transaction has been completed.
Founder Dani Benz has developed Asphaltgold, based in Darmstadt, into one of the leading online stores for sneakers, streetwear clothing and lifestyle products in the top-tier segment since its founding in 2008. In addition to the online store, the company, which now has more than 200 employees, also operates a flagship store in Darmstadt.
Arklyz Group, based in Stans, Switzerland, is active in the sports, lifestyle and athleisure sectors. Arklyz Group’s holdings include international streetwear retailer The Athlete’s Foot and sports sock manufacturer Intersocks.
Legal advisors to the seller: Gütt Olk Feldhaus, Munich
Adrian von Prittwitz (Partner, Corporate/M&A, Lead), Thomas Becker (Of Counsel, IP/IT/Data Protection), Dr. Dominik Forstner (Associate, Corporate/M&A)
MOOG, Darmstadt: Marc Sälzer, LL.M. (taxes)
About Gütt Olk Feldhaus
Gütt Olk Feldhaus is a leading international law firm based in Munich. We provide comprehensive advice on commercial and corporate law. Our focus is on corporate law, M&A, private equity and financing. In these specialist areas we also take on the litigation.