Confectionery Manufacturers are Bundling Capacities: Gubor and Riegelein Join Forces
April, 2019 - Germany
| With a team led by Dr. Rainer Herschlein and Dr. Frank Baßler, Heuking Kühn Lüer Wojtek advised confectionery specialist Gubor Schokoladen GmbH on the merger with its competitor Hans Riegelein & Sohn GmbH Co. KG. With the transaction, the two family-owned companies aim to increase their growth, innovative strength, and volumes. Both for seasonal and year-round products, the two companies intend to offer the retail sector a comprehensive range of confectionery products from a single source,. All capacities are to be retained as a result of the alliance. In the future, 1,500 employees in seven plants in Germany, the Czech Republic, and Poland will produce more than 50,000 tons of confectionery annually. The new company size allows the two companies to more efficiently handle increasing marketing expenses, logistics requirements, and corporate responsibility requirements. Gubor Schokoladen GmbH has been part of Rübezahl group since 2008. As a premium brand, Gubor has relied on Black Forest ingredients and UTZ-certified cocoa from sustainable cultivation since 2013. Hans Riegelein & Sohn GmbH Co KG was founded in 1953 and is headquartered in Cadolzburg near Nuremberg. The company’s range comprises more than 750 different chocolate products. Riegelein exports its products to more than 50 countries, with export accounting for 40 percent of its revenue. Counsel to Gubor Schokoladen GmbH Heuking Kühn Lüer Wojtek: Dr. Rainer Herschlein, LL.M. (M&A, Lead), Dr. Frank Baßler (M&A, Lead), Dr. Anne de Boer, LL.M. (Finance), Dr. Antonia Stein (Employment), Antje Münch, LL.M. (IP/IT), Cornelia Schwizler (Corporate / M&A), Andreas Lutz (Real Estate), all Stuttgart Dr. Sascha Schewiola (Employment), Cologne |
