Heuking Kühn Lüer Wojtek advises CoBe Capital LLC on acquisition of Warendorfer Küchen GmbH
Heuking Kühn Lüer Wojtek advised CoBe Capital LLC on the drafting of an agreement for an acquisition of Warendorfer Küchen GmbH, a producer of premium kitchens owned by AFG Arbonia-Forster-Holding AG. The transaction is scheduled to be completed by December 31, 2012. The acquisition price was not disclosed.
CoBe Capital LLC is a global private investment firm based in New York, specializing in the acquisition and operation of non-core and underperforming business units in the Americas and Europe from leading global corporations.
AFG Arbonia-Forster-Holding AG is an international construction materials and machinery group. The company is headquartered in Arbon in the canton of Thurgau (Switzerland) and is listed on the Swiss stock exchange (SIX Swiss Exchange). It has more than 50 manufacturing and distribution companies and operates worldwide with offices and partners in more than 70 countries.
Warendorfer Küchen GmbH arose from the kitchen furniture activities of German household appliances group Miele & Cie. Since September 2010, the high quality and design-oriented Miele DIE KÜCHE kitchen furniture has been rebranded "Warendorf – Kitchen for Personalities." Warendorf kitchens are sold to consumers and project developers via a worldwide network of independent dealers.
Counsel to CoBe Capital LLC:
Heuking Kühn Lüer Wojtek, Cologne
Dr. Jörg aus der Fünten (Corporate/M&A, Lead),
Dr. Oliver Böttcher (Corporate/M&A),
Marion Sangen-Emden (Tax), Düsseldorf