Krefeld/Düsseldorf – London-based private equity fund Change Capital Partners LLP has acquired 75% of the shares in Schneekoppe Lifestyle GmbH, the parent company of muesli and fruit bar manufacturer SCHNEEKOPPE GmbH & Co. KG, which was established in 1923 and is headquartered in Buchholz.
Key objectives to be achieved with the aid of the new majority shareholder are broader distribution of the SCHNEEKOPPE brand and expansion of marketing and sales of SCHNEEKOPPE products.
25% of the shares in Schneekoppe Lifestyle GmbH will remain with the existing main shareholder Gerald Wagener, who also continues as chief executive of Schneekoppe Lifestyle GmbH. Biozentrale Naturprodukte GmbH, Cologne, is no longer a shareholder in Schneekoppe Lifestyle.
CMS Hasche Sigle, Düsseldorf, advised Gerald Wagener and Auric Capital Group AG & Co. KG on all aspects of the transaction.
Advisers CMS Hasche Sigle:
Dr Jürgen Frodermann, Corporate (Lead Partner)
Dr Tobias Gressinger, Corporate