Deal Announcement 01/15: Retail & Consumer
PwC M&A acted as exclusive financial advisor to the shareholder of Heinrich Nölke GmbH & Co. KG on the sale of Heinrich Nölke GmbH & Co. KG to a strategic investor
The Deal
PwC M&A advised Gebr. Nölke GmbH & Co. KG and its shareholders on the sale of Heinrich Nölke GmbH & Co. KG including its portfolio of brands to a strategic investor. In summer 2014, the shareholder decided to initiate a sales process after having undertaken a restructuring process advised by PwC Business Recovery Services. We structured a sales process with strategic investors and financial investors to find a best ownership solution for Heinrich Nölke GmbH & Co. KG. The agreement to acquire Heinrich Nölke GmbH & Co. KG was recently closed.
With a focus on poultry meat processing and distributing products to leading retailers, amongst others under the well-known Gutfried brand, the acquisition of Heinrich Nölke GmbH & Co. KG will enable the acquirer to broaden its product portfolio and increase its market share in the German poultry meat industry profiting from the strong brand awareness of the Gutfried brand.
Heinrich Nölke GmbH & Co. KG
Heinrich Nölke GmbH & Co. KG, a family-owned company founded in 1924, is a leading player in the German poultry meat processing industry with its headquarter in Versmold and additional production sites in Eastern Germany. Heinrich Nölke´s market- and customer oriented product portfolio includes branded products labelled under the well-known Gutfried brand as well as private label and vegetarian products distributed to leading food retailers and discounters.
Strategic investor
The investor is a leading manufacturer of traditional meat products operating under a diversified portfolio of well-known brands.
PwC
The global PricewaterhouseCoopers network is a worldwide association of independent auditing and consulting companies which together employ more than 195,000 employees in 157 countries. Our global network comprises nearly 1,100 M&A professionals all over the world, realizing approx. 300 successful transactions per year. We specialize in a wide range of independent M&A services including advice on acquisitions and disposals, mergers, public takeovers, privatizations as well as structured financing.
The PwC M&A team in Germany acted as exclusive financial advisor to the shareholder of Heinrich Nölke GmbH & Co. KG. PwC Business Recovery Services provided restructuring support to Heinrich Nölke GmbH & Co. KG throughout the process.
The following PwC M&A team members were involved:
Alexander von Friesen (Partner), Bernhard Kraska (Manager), Benedikt Steinheuer (Consultant).
The following PwC BRS team members were involved:
Patrick Ziechmann (Partner), Dirk Hickert (Senior Manager), Patrick Reschke (Manager).
