Baker McKenzie advised the Swiss investor group Ufenau Capital Partners on its majority shareholding in the Kruppert Group. The advice covered all legal and tax issues in connection with the acquisition of the Kruppert Group via the platform company Lavatio GmbH and the repurchase of Frank Kruppert.
"We are very pleased that we could advise Ufenau for the first time on an important platform transaction in Germany. With this acquisition, Ufenau was able to lay the foundation for their buy-and-build strategy, which they will successfully implement with the know-how and expertise of Frank Kruppert", commented Corporate Partner Dr. Ingo Strauss.
As a one-stop-shop supplier Kruppert offers a highly efficient portfolio of rental and laundry as well as consulting services for hotels, restaurants and catering companies (HoReCa). Together with its more than 50 independent laundry partners, the company serves a diversified portfolio of more than 600 customers throughout Germany and Switzerland, including many renowned hotel chains. Kruppert presently employs 115 people and has – besides its headquarter in Hünfeld a subsidiary in Switzerland.
Ufenau Capital Partners is a Swiss investor group headquartered at the Lake Zurich. Ufenau Capital Partners is focused on investments in service companies in German-speaking Europe and invests in the Education & Lifestyle, Business Services, Health Care and Financial Services sectors.
Baker McKenzie's Corporate / M&A team regularly advises on domestic and international transactions and restructurings. Most recently, Baker McKenzie advised financial investors First State Investments and Hermes Investment Management on the acquisition of the shipping company Scandlines, Mundipharma on the sale of its Limburg production, Rexnord on the acquisition of the CENTA Group and LKQ Corporation on the acquisition of the Stahlgruber Group.
Legal advisor to Ufenau Capital Partners:
Lead: Corporate/M&A: Dr. Ingo Strauss (Partner, Düsseldorf)
Team: Corporate/M&A: Dr. Heiko Gotsche (Partner, Düsseldorf), Lena von Richthofen (Senior Associate, Düsseldorf), Dr. Maximilian Wolf (Associate, Düsseldorf), Cosima König (Associate, Düsseldorf), Dr. Alexander Fischer (Partner, Zurich), Philippine Dalla Corte (Associate, Zurich)
Employment: Dr. Hagen Köckeritz (Partner, Frankfurt), Annekathrin Haffke (Associate, Frankfurt)
Financing: Silke Fritz (Associate, Frankfurt)
Real Estate: Dr. Daniel Bork (Associate, Düsseldorf)
IP: Dr. Michael Fammler (Partner, Frankfurt), Dr. Markus Hecht (Associate, Frankfurt)
Pensions: Dr. Christian Reichel (Partner, Frankfurt), Dr. Anna Verena Böhm (Counsel, Frankfurt)
Tax: Christoph Becker (Partner, Frankfurt), Friederike Goering (Associate, Frankfurt), Selina Many (Associate, Zurich)
Commercial: Dr. Johannes Teichmann (Partner, Frankfurt), Antonia Rojahn (Associate, Frankfurt)
Public Law: Dr. Janet Kerstin Butler (Counsel, Berlin), Maximilian Voll (Associate, Berlin)
IT: Dr. Holger Lutz (Partner, Frankfurt), Anika Cremer (Associate, Frankfurt)