GRUENDELPARTNER advises KATHI on takeover by Oetker Group

The Oetker Group acquires KATHI GmbH, a manufacturer specialising in baking mixes and flours based in Halle (Saale).

Founded in 1951, the family-run company KATHI is deeply rooted with its baking mixes and cake specialities, particularly among consumers in eastern Germany. Both the production facility in Halle and the employees of KATHI are to be taken over by the Oetker Group. KATHI will continue to be run operationally as an independent company by the existing management under the leadership of Marco Thiele.

With the takeover, the Oetker Group intends to further expand its presence in the aforementioned market segments. Once all formalities have been completed, the transaction is expected to be finalised in autumn of this year.

An interdisciplinary team from GRUENDELPARTNER led by Dr Steffen Fritzsche provided KATHI with comprehensive legal advice in connection with the sale.

GRUENDELPARTNER's M&A, Venture Capital, Private Equity practice group is one of the most experienced and best-staffed advisory units in Central Germany and supports investors and entrepreneurs in all phases of development, in particular in company formation, company development, corporate financing and all exit processes.