PwC Legal advises meat processor Reinert on merger with Kemper

November 11, 2019

OsnabrückNovember 11th 2019

PricewaterhouseCoopers Legal AG Rechtsanwaltsgesellschaft (PwC Legal) has provided comprehensive legal advice to family business Reinert as it merged with family-run meat processor Kemper to form joint company “The Family Butchers” (TFB). The merger is still subject to approval by the antitrust authorities, but is expected to be completed by the end of the year.

The Reinert group is based in Versmold, Westphalia. Founded in 1931, the company employs over 1,200 people at six production sites. In 2017, Reinert generated a turnover of €340m. Meat processor Kemper has been producing sausage, ham and convenience food products since 1888. The company, based in Nortrup, Lower Saxony, has around 1,400 employees.

The merger of the two family-run companies creates Germany’s second-largest meat processing company, with an annual turnover of over €700m. Around 2,600 people will work for TFB at nine production plants.

PwC Legal provided comprehensive advice on antitrust law to both Reinert and Kemper for this transaction.

Advisors to Reinert:

PwC Legal (Osnabrück)

Dr Ulf Braun (tax law; team lead), Frederik Vogt, Dr Heinrich Nerlich (both Corporate/M&A).

PwC Legal (Düsseldorf/Hanover)

Hubertus Kleene, Philipp Thönnes, Johanna Battmer (all antitrust law)

 

For further information please contact:

Sven Humann
PwC Communications
Tel: +49 211 981-2188
Send an e-mail

 

About PwC Legal:

In today’s rapidly evolving marketplace, our clients are increasingly concerned with business collaborations, restructuring, mergers and acquisitions, financing and questions of social responsibility. They need legal security when dealing with such complex issues. That is why we work closely with PwC’s tax, human resources and finance experts and draw on the resources of our legal network in more than 100 countries to deliver comprehensive advice. Whether a global player, a public body or a wealthy individual, each client can rely on a personal account manager to address his or her specific legal needs. This dedication helps us ensure our clients’ long-term business success.

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Contributors

Dr. Ulf Braun

Succession consultancy and foundations

Tel: +49 541 3304-502

Frederik Vogt

Corporate/M&A

Tel: +49 541 3304-197

Dr. Heinrich  Nerlich

Corporate/M&A

Tel: +49 541 3304 - 151

Hubertus Kleene

Anti-Trust

Tel: +49 211 981-4222