Gleiss Lutz advised Groupe SEB on its sale of Boehringer
Gleiss Lutz has advised listed Groupe SEB in connection with the structured sales process of its German subsidiary Boehringer Gastro Profi GmbH to CERTINA Group. The parties have agreed not to disclose the purchase price.
Boehringer, an indirect subsidiary of WMF Group GmbH, is a leading German distributor of professional equipment for the hospitality and hotel industry and active in the planning, installation and maintenance of professional kitchens. It offers one-stop-shop solutions including consulting, order processing, logistics, warehousing, delivery, kitchen planning, installation and maintenance, as well as customer service and after-sales. The company is based in Bonn and Weingarten, serving a highly demanding customer base comprising of premium hotels, restaurants and corporate restaurants.
CERTINA Group is a family-owned and managed industrial holding company based in Munich. Certina Group invests across all industry sectors in Europe but also in the North American and Asian markets and has a consolidated turnover of about EUR 650 million.
French Groupe SEB is a leading manufacturer of kitchen electrics and cookware and plays a key role in the professional coffee machine market. Groupe SEB is represented in over 150 countries worldwide. The group has more than 34,000 employees and a consolidated turnover of about EUR 7.4 billion. Brands include WMF, Tefal, Rowenta, Krups, Calor, Vogalu, Silit, Moulinex and Lagostina. The holding company SEB S.A. is listed in Paris and headquartered in Écully close to Lyon.
Gleiss Lutz regularly advises Groupe SEB. For example, Gleiss Lutz acted as lead counsel on Groupe SEB’s acquisition of WMF Group, coordinating several other law firms in multiple jurisdictions.
Groupe SEB was advised by the following Gleiss Lutz team led by Dr. Jochen Tyrolt (Partner) and Prof. Dr. Gerhard Wegen (Of Counsel, both M&A, Stuttgart): Dr. Markus Martin (M&A, Stuttgart), Dr. Matthias Tresselt (Partner), Dr. Joachim Glöckler (both restructuring, Stuttgart), Dr. Alexander Molle (Partner), Jan Hinrichs (both IP/IT, Berlin), Dr. Stefan Mayer (Partner), Dr. Marcel Duplois (both tax, Frankfurt), Dr. Jens Günther (Partner), Dr. Matthias Böglmüller (both employment, Munich), Dr. Max von Rom (Partner) (finance, Frankfurt). Dr. Iris Benedikt-Buckenleib (Counsel) (antitrust/competition, Munich) and Nikolas Frey (M&A, Stuttgart).