Munich – Afinum Achte Beteiligungsgesellschaft mbH & Co. KG has indirectly acquired a majority stake in the SanderStrothmann Group, a leading full-service provider of cosmetics, beauty and healthcare products. Afinum is investing together with managing directors Sabrina Berghaus and Stefan Vogels as part of a business succession arrangement.
The SanderStrothmann Group, consisting of the two companies SanderStrothmann GmbH and Compes Cosmetic GmbH & Co. KG, is one of the leading certified full-service providers in the fast-growing market for cosmetics, beauty and healthcare products. The companies, which are both located in Georgsmarienhütte (Lower Saxony), together employ around 160 people.
The acquisition was advised on jointly by Dr Hermann Rock, General Counsel at Afinum, and Dr Oliver Thurn as lead partner on the CMS side. A team led by Stuttgart-based CMS partner Dr Marc Seibold advised on legal aspects of the acquisition financing. Private equity investor Afinum is a longstanding CMS client and relies on the Munich office’s expertise on a regular basis, including most recently when acquiring a majority stake in the Listan Group.
Afinum Management GmbH is an independent management-owned private equity firm with offices in Munich, Zurich and Hong Kong. It specialises in taking stakes in successful mid-market companies in the German-speaking region of Europe.
Dr Oliver Thurn, Lead Partner
Anna-Lena Löcherbach, Counsel
Dr Astrid Roesener, Counsel
Karen Eldred, Senior Associate, all Corporate/M&A
Jörg Schrade, Partner, Tax
Dr Andreas Hofelich, Partner
Dr Ute Bartholomä, Counsel
Dr Richard Lauer, Associate, all Labor, Employment & Pensions
Stefan Lüft, Partner
Annika Lindemann, Senior Associate, both Intellectual Property
Peter Endres, Partner
Martin Maurer, Senior Associate, both Commercial Law
Dr Daniel Hofmann, Principal Counsel
Dr Markus Kaulartz, Counsel, both TMC (Technology, Media & Communications)
Dr Marc Seibold, Partner
Dr Andreas Grunert, Principal Counsel
Julian Lacher, Associate, all Banking & Finance
Stefan Lehr, Partner, Competition & EU