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P+P advises shareholders of Lekkerland Group on sale to REWE

30. May 2019

Munich — The REWE retail chain acqui­res 100% of the shares in Lekker­land AG & Co KG. In the future, this will open up the new “Conve­ni­ence” busi­ness area under the REWE Group umbrella. The tran­sac­tion is subject to appro­val by the rele­vant anti­trust authorities.

Lekker­land is the specia­list for on-the-go consump­tion and offers inno­va­tive service, custo­mi­zed logistics and a wide whole­sale range in seven Euro­pean coun­tries. The focus is on the needs of custo­mers and consu­mers. Lekker­land serves around 91,000 points of sale in seven Euro­pean coun­tries and has cutting-edge brands and private labels in its range. Custo­mers include gas stati­ons, stores, kiosks, conve­ni­ence stores, bake­ries, food retailers and quick service restau­rants. Lekker­land employs around 4,900 people across Europe. In fiscal 2018, sales amoun­ted to EUR 12.4 billion.

The coope­ra­tive REWE Group is one of the leading retail and travel groups in Germany and Europe. In 2018, the company achie­ved total exter­nal sales of more than EUR 61 billion. Foun­ded in 1927, REWE Group is present in 22 Euro­pean coun­tries with more than 360,000 employees.

Advi­sor for Lekker­land AG & Co. KG: P+P Pöllath + Partners
* Dr. Matthias Bruse (photo), LL.M. (Lead Part­ner, M&A, Munich)
* Jens Hörmann (Part­ner, M&A, Munich)
* Jasmin Wagner (Senior Asso­ciate, M&A, Munich)
* Thies Jacob, LL.M. (Asso­ciate, M&A, Munich)
* Pascal Köst­ner, LL.M. (Senior Asso­ciate, M&A, Munich)
* Dr. Matthias Werner (Coun­sel, Real Estate Law, Berlin)

Other consul­tants for Lekkerland:
Inhouse Coun­sel: Andre Niemeyer (Head of Legal Depart­ment Lekkerland)
Osborne Clarke: Dr. Thomas G. Funke (Part­ner, Anti­trust), Dr. Sebas­tian Hack (Part­ner, Anti­trust), Ghazale Mande­­ga­­rian-Fricke (Senior Asso­ciate, Anti­trust), Jan Marco Aatz (Asso­ciate, Antitrust)

About P+P Pöllath + Partners
P+P Pöllath + Part­ners has a total of more than 140 lawy­ers and tax advi­sors at its offices in Berlin, Frank­furt and Munich. The firm focu­ses on high-end tran­sac­tio­nal and wealth advi­sory services. P+P part­ners regu­larly advise on M&A, private equity and real estate tran­sac­tions of all sizes. P+P Pöllath + Part­ners has also estab­lis­hed a leading market posi­tion in the struc­tu­ring of private equity and real estate funds as well as in tax advice and enjoys an excel­lent repu­ta­tion in corpo­rate and capi­tal markets law as well as in asset and succes­sion plan­ning for family busi­nes­ses and high net worth indi­vi­du­als. P+P part­ners are active as members of super­vi­sory and advi­sory boards of well-known compa­nies and are regu­larly listed in natio­nal and inter­na­tio­nal rankings as leading experts in their respec­tive fields. For more infor­ma­tion, inclu­ding on pro bono work and the P+P foun­da­ti­ons, visit www.pplaw.com.

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