11 August – LAWFUEL – The Law News Network – Via their Luxembourg investment vehicle Kamps Retail Investment S.A., the former proprietor of the German bakery chain, Heiner Kamps, and a group of Swiss investors have acquired the majority stake in Nordsee GmbH from the international financial investor Apax Partners, which had acquired the company from Unilever in 1997. The remaining shares were acquired by Nomura plc, which provided the acquisition financing. The Swiss investors and Nomura had won the bidding process against several further financial investors. The purchase price remains confidential.
The restaurant-chain “Nordsee” is the fifth largest fast-food chain in Germany, with 6,000 employees and a turnover of EUR 350 million in 2004. It runs 420 restaurants in Germany, Austria and Switzerland, with 364 branches being located in Germany.
The Linklaters team was led by Rainer Traugott (corporate, Munich) and Rainer Stadler (tax, Munich) and included, among others, Tom Loesch (corporate, Luxembourg), Stephan Morsch (corporate, Munich) and Thomas Elser (tax, Munich).
