Online retailer DEUBA sells majority to Rieker Investment
Merzig/ Tuttlingen — The previous sole shareholder of DEUBA GmbH & Co KG from Merzig has sold 60 percent of its shares to Rieker Investment GmbH from Tuttlingen. Taylor Wessing, led by Düsseldorf M&A partner Ernst-Albrecht von Beauvais, provided legal advice for the transaction. The parties have agreed not to disclose the purchase price.
The company DEUBA was founded in 2002 as a pure online distributor. At that time, online retail was still in its infancy. Today, the company is one of Germany’s largest online retailers, with over 100,000 square meters of warehouse space, a product portfolio of more than 2,000 items and more than 1,000,000 customers per year. The range includes, for example, garden and leisure articles, toys, sports equipment and furniture.
The new majority shareholder Rieker Investment is part of the Rieker Finance Group, which is backed by the Rieker family of entrepreneurs with the shoe brand of the same name. It focuses on long-term investments in medium-sized companies in a wide range of sectors.
Legal Advisors Shareholders of DEUBA GmbH & Co. KG
Taylor Wessing: Lead Partner Dr. Ernst-Albrecht v. Beauvais (Partner, M&A, Düsseldorf), Patrique Willems (Senior Associate, M&A), Dr. Simon Weppner (Partner, Tax), Dr. Joachim Mandl (Salary Partner, Real Estate) (all Düsseldorf)
WICORA Attorneys at Law: Dr. Dietmar Benne
Legal advisors Rieker Investment GmbH:
Lawyers Oppenländer (Stuttgart): Dr. Felix Born, Dr. Teresa Bopp, Dr. Hannes Dreher, Dr. Ulrich Klumpp, Dr. Daniel Schillerwein, Dr. Christian Gunßer.
Ebner Stolz Attorneys at Law (Stuttgart): Volker Schmidt, Armand von Alberti