Orrick advised DBAG Fund VII, managed by Deutsche Beteiligungs AG (DBAG), in its acquisition of Abbelen Group, a leading German manufacturer of prepared foods.
Abbelen Group is the largest manufacturer of chilled meatballs and ready-made burgers in Germany. The products are largely sold under private-label brands to supermarket chains. The goals of the acquisition are to further expand the product range of Abbelen Group and to expand its sales activities globally under the umbrella of a European holding, led by managers with industry experience.
Deutsche Beteiligungs AG, a listed private equity company, initiates closed-end private equity funds and invests alongside the DBAG funds in well-positioned mid-sized companies with potential for development. DBAG focuses on industrial sectors in which Germany’s ‘Mittelstand’ is particularly strong on an international comparison.
DBAG Fund VII was advised by an Orrick team led by Munich-based M&A and Private Equity partner Christoph Brenner, who has advised DBAG for several years on a variety of transactions. He was assisted by partners Stefan Schultes-Schnitzlein (Tax, Düsseldorf), Christian Schröder (IP/IT Data Privacy, Düsseldorf), André Zimmermann (Employment, Düsseldorf), and Till Steinvorth (Antitrust, Düsseldorf), and associates Markus Schmid (M&A and Private Equity, Munich), Bernhard Schmaderer (M&A and Private Equity, Munich), and Markus Piontek (Tax, Düsseldorf).