Stuttgart – ARTiBack GmbH, based in Halle (Saxony), has been sold to Schwarz Produktion, the umbrella brand for the Schwarz Group’s production facilities. Going forward, ARTiBack will help cover the huge demand for freshly baked goods from customers of Lidl and Kaufland, the retail businesses within the Schwarz Group. Completion of the deal is scheduled for the first quarter of 2024 and is currently awaiting approval from the competition authorities. The parties agreed not to disclose details of the purchase price.
A CMS team headed by lead partner Dr Tobias Schneider advised ARTiBack GmbH and its shareholders on all legal aspects of the deal.
ARTiBack GmbH was established in 2016 in Saxony-Anhalt. With around 150 employees at present, ARTiBack has been using natural raw ingredients to produce freshly baked speciality breads and rolls since 2018. The company’s existing customer base includes food retailers.
CMS Germany
Dr Tobias Schneider, Lead Partner
Daniel Mahn, Counsel
Dr Maximilian Eitelbuß, Senior Associate, all M&A
Dr Martin Mohr, Partner
Lukas Braun, Senior Associate, both Tax
Dr Christian Haellmigk, Partner
Malena Hansen, Senior Associate, both Competition
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