A team led by Dr. Pär Johansson of Heuking Kühn Lüer Wojtek's Cologne office advised Odewald KMU II, a German private equity firm specializing in the SME sector, on the acquisition of Roding-based Betten Duscher group.
Betten Duscher is a German group specializing in the manufacture and sale of bedding products with down, feather, and polyester filling. In addition, the group also sells decorative home products, bed linen, outdoor fabrics, and textiles for pet supplies.
Odewald KMU II fund invests in medium-sized, established, and high-growth companies in German-speaking countries. Investors in Odewald KMU are predominantly German institutional asset management companies and wealthy private investors.
The acquisition of Betten Duscher group is the first investment of the newly issued second SME fund by Odewald. The Cologne-based M&A team works with Odewald KMU on a regular basis and already advised it on numerous successful transactions of the first fund.
Counsel to Odewald KMU
Heuking Kühn Lüer Wojtek:
Dr. Pär Johansson,
Kristina Schneider, LL.M.,
Dr. Christoph Schork, LL.M. (all M&A),
Dr. Verena Hoene, LL.M. (IP),
Dr. Sascha Schewiola (Employment), all Cologne
Kathrin Paulet (Real Estate), Düsseldorf