


{"id":60772,"date":"2026-08-12T14:32:30","date_gmt":"2026-08-12T12:32:30","guid":{"rendered":"https:\/\/www.fyb.de\/pplaw-advises-fsn-on-the-merger-of-der-baecker-eifler-and-brotwert\/"},"modified":"2026-08-12T14:33:19","modified_gmt":"2026-08-12T12:33:19","slug":"pplaw-advises-fsn-on-the-merger-of-der-baecker-eifler-and-brotwert","status":"publish","type":"post","link":"https:\/\/www.fyb.de\/en\/pplaw-advises-fsn-on-the-merger-of-der-baecker-eifler-and-brotwert\/","title":{"rendered":"PPLAW Advises FSN on the Merger of Der B\u00e4cker Eifler and BrotWert"},"content":{"rendered":"<p>Munich \u2014 The two long-estab\u00adlished bake\u00adries, B\u00e4cker G\u00f6rtz GmbH and B\u00e4cke\u00adrei Pappert, are merging to form the Brot\u00adWert Group. With the support of the private equity fund FSN Capi\u00adtal VI\u2014advised by FSN Capital\u2014the Brot\u00adWert Group has acqui\u00adred a majo\u00adrity stake in the long-estab\u00adlished Frank\u00adfurt bakery Der B\u00e4cker Eifler. This crea\u00adtes a network of three family-run, long-estab\u00adlished bakeries\u2014B\u00e4cker G\u00f6rtz, B\u00e4cke\u00adrei Pappert, and Der B\u00e4cker Eifler\u2014with appro\u00adxi\u00adm\u00adately 500 loca\u00adti\u00adons in Nort\u00adhern Bava\u00adria as well as in the Rhine-Main and Rhine-Neckar regions\u2014one of the largest regio\u00adnal bakery groups in Germany.&nbsp;<\/p>\n<p>As early as 2025, B\u00e4cker G\u00f6rtz\u2014which was also recei\u00adving tax advice from POELLATH\u2014had acqui\u00adred the Pappert Bakery.<\/p>\n<p>The goal of <strong>the Brot\u00adWert Group<\/strong> is to combine the shared strengths of the three long-estab\u00adlished bake\u00adries, exch\u00adange expe\u00adri\u00adence and know\u00adledge, and conti\u00adnue to grow with the support of FSN. At the same time, the group aims to preserve the regio\u00adnal roots, artis\u00ada\u00adnal skills, and family tradi\u00adti\u00adons of the indi\u00advi\u00addual bake\u00adries for the long&nbsp;term.&nbsp;<\/p>\n<p>The <strong>Eifler Bakery<\/strong>, based in Frank\u00adfurt am Main, is one of the leading regio\u00adnal bake\u00adries in the Rhine-Main area. The Eifler family will retain a stake in the company going forward; Gerhard Eifler and Michael Eifler will conti\u00adnue to manage it.&nbsp;<\/p>\n<p><strong>FSN Capi\u00adtal<\/strong>, one of Nort\u00adhern Europe\u2019s leading private equity firms, was foun\u00added in 1999 and has four offices in Oslo, Stock\u00adholm, Copen\u00adha\u00adgen, and Munich. The four funds advi\u00adsed by FSN Capi\u00adtal have more than four billion euros under manage\u00adment; for its most recent Fund VI, 1.8 billion euros were raised for invest\u00adments in Scan\u00addi\u00adna\u00advia and the DACH region. The funds make majo\u00adrity invest\u00adments in growth-orien\u00adted compa\u00adnies to support them on their path to contin\u00adued success.&nbsp;<\/p>\n<p>In connec\u00adtion with the acqui\u00adsi\u00adtion of a majo\u00adrity stake in Der B\u00e4cker Eifler and the forma\u00adtion of the Brot\u00adWert Group, <strong>POELLATH<\/strong> provi\u00added tax advi\u00adsory services in colla\u00adbo\u00adra\u00adtion with the follo\u00adwing Munich-based team:<\/p>\n<p><strong>Dr. Nico Fischer<\/strong> (Part\u00adner,&nbsp;Tax)<br>\nDr. Saskia Bardens (Senior Asso\u00adciate, Tax)<\/p>\n<p><strong>About POELLATH<\/strong><\/p>\n<p class=\"p1\">POELLATH is a leading, inter\u00adna\u00adtio\u00adnally networked busi\u00adness and tax law firm with over 180 <span class=\"s1\">legal and tax profes\u00adsio\u00adnals<\/span> in Berlin, Frank\u00adfurt, and Munich. We are commit\u00adted to provi\u00adding excel\u00adlent advice on tran\u00adsac\u00adtions and asset management\u2014covering both legal and tax matters under one roof. Our specia\u00adli\u00adzed prac\u00adtice groups don\u2019t just know the law\u2014together with our clients, we shape best prac\u00adti\u00adces in the market. \u2014- www.pplaw.   <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Munich \u2014 The two long-estab\u00ad\u00adlished bake\u00adries, B\u00e4cker G\u00f6rtz GmbH and B\u00e4cke\u00adrei Pappert, are merging to form the Brot\u00adWert Group. With the support of the private equity fund FSN Capi\u00adtal VI\u2014advised by FSN Capital\u2014the Brot\u00adWert Group has acqui\u00adred a majo\u00adrity stake in the long-estab\u00ad\u00adlished Frank\u00adfurt bakery Der B\u00e4cker Eifler. This crea\u00adtes a network of three family-run,&nbsp;[\u2026]<\/p>\n","protected":false},"author":2,"featured_media":60770,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wp_typography_post_enhancements_disabled":false,"footnotes":""},"categories":[1366],"tags":[],"class_list":["post-60772","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-en"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>PPLAW Advises FSN on the Merger of Der B\u00e4cker Eifler and BrotWert - FYB Financial Yearbook<\/title>\n<meta name=\"description\" content=\"Munich \u2014 The two long-established bakeries, B\u00e4cker G\u00f6rtz GmbH and B\u00e4ckerei Pappert, are merging to form the BrotWert Group. 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