POELLATH advises Egeria on acquisition of Junge Die Bäckerei.
The independent investment company Egeria has acquired a stake in Junge Die Bäckerei., a leading provider of retail bakery and catering concepts in northern Germany. The Junge family will remain closely associated with the company as shareholders and in an advisory capacity. Together with Egeria, the company aims to further expand its market position in the current regions and strategically expand into new markets. The parties have agreed not to disclose the financial details. The transaction is still subject to the standard regulatory approvals.
This established company in Lübeck was founded in 1897 by the Junge family and now operates 210 retail locations and three production facilities in Lübeck, Rostock, and Greifswald. Junge Die Bäckerei. stands for high value creation, operational excellence and efficiency. With entrepreneurial vision and a unique, family-oriented corporate culture, the company has become the leading provider of retail bakery and catering concepts in northern Germany. Junge Die Bäckerei. is particularly well-known among its customers for the high quality of its products, the variety of its selection, the welcoming atmosphere and excellent service in its retail locations. The company currently employs over 5,000 people.
Egeria is an independent investment company specializing in private equity. It invests primarily in medium-sized companies with an enterprise value of up to EUR 500 million. Egeria’s private equity portfolio includes investments in more than 20 companies with approximately 14,000 employees and total revenues of approximately EUR 2.5 billion.
POELLATH advised Egeria on all legal and tax matters related to the acquisition with the following Munich team:
- Dr. Michael Best (partner, structure/tax)
- Dr. Barbara Koch-Schulte (partner, management participation)
- Dr. Tobias Deschenhalm (counsel, structure/tax)
- Dr. Michael de Toma (senior associate, management participation)
- Cornelius L. Roth (senior associate, structure/tax)
- Dr. Maximilian Link (senior associate, management participation)
