Gleiss Lutz advises MEGGLE on the acquisition of Stegmann Emmentaler Käsereien
A team of Gleiss Lutz lawyers has advised MEGGLE GmbH & Co. KG in connection with the acquisition of Stegmann Emmentaler Käsereien GmbH. The takeover allows MEGGLE to strengthen its position in the cheese product segment. Closing of the transaction is still subject to the customary regulatory clearances. The parties have agreed not to disclose the purchase price.
MEGGLE Group, with registered office in Wasserburg am Inn, produces butter and butter specialities, convenience products for end consumers and the food service sector, along with functional dry products for the food, pharmaceuticals and feed industries.
Stegmann's cheese dairy most recently generated sales of approximately EUR 120 million and was a member of the largest French dairy cooperative, Sodiaal Group. Approximately 200 staff are currently employed at its locations in Kempten and Altusried.
The following team of Gleiss Lutz lawyers advised MEGGLE on the transaction: Dr. Rainer Loges (partner, lead), Dr. Olaf Hohlefelder (both Munich), Dr. Mathias Boas-Knecht (all M&A), Dr. Johannes Niewerth (partner), Lesley Milde (both Real Estate, all Hamburg), Dr. Jacob von Andreae (partner), Aylin Hoffs (both Public Law, Düsseldorf), Dr. Jens Günther (partner), Dr. Matthias Böglmüller, Mark Gerigk (all Employment), Dr. Petra Linsmeier (partner), Dr. Tobias Klemm (both Competition/Antitrust), Dr. Matthias Werner (counsel), Dr. Theresa Uhlenhut, Sebastian Girschick (all Intellectual Property, all Munich).