Heuking Kühn Lüer Wojtek advises Odewald KMU on the sale of DPUW group
A team led by Dr. Pär Johansson of Heuking Kühn Lüer Wojtek's Cologne office advised Odewald KMU, a German private equity firm specializing in the SME sector, on the sale of its holding in Berlin-based DPUW group.
DPUW is a medium-sized service company specializing in in-patient permanent and short-term care of seniors and people with disabilities or dementia restrictions. DPUW group operates 17 facilities in Germany with 3,000 nursing and assisted living spaces in the states of Lower Saxony, Schleswig-Holstein, Saxony-Anhalt, Saxony, Berlin, and Bavaria. Other sites are currently in the planning stage.
Odewald KMU 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 sale of DPUW group is the third successful exit by Odewald KMU on which Heuking advised it. The Cologne-based M&A team works with Odewald KMU on a regular basis and already advised it on the acquisition of DPUW group in 2010.
Counsel to Odewald KMU
Heuking Kühn Lüer Wojtek:
Dr. Pär Johansson,
Dr. Christoph Schork, LL.M.,
Kristina Schneider, LL.M. (all M&A), all Cologne