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07-11-2017News

Heuking Kühn Lüer Wojtek advises supervisory board and about 2,400 shareholders of OMIRA Oberland-Milchverwertung GmbH on the acquisition by Lactalis

A team led by Dr. Rainer Herschlein of Heuking Kühn Lüer Wojtek's Stuttgart office advised the supervisory board and some 2,400 direct and indirect shareholders of OMIRA Oberland-Milchverwertung GmbH, including six cooperatives, on the acquisition by Lactalis. With the takeover, OMIRA enhances its prospects for the future and obtained a 10-year milk price guarantee for all milk producers.
 
In the six general meetings of the cooperatives and OMIRA's shareholders' meeting held on June 22, 2017, the OMIRA shareholders voted for the takeover by Lactalis Group by an overwhelming majority.
 
OMIRA Oberland-Milchverwertung GmbH converts milk into a wide range of milk products and into intermediate products for the food and confectionery industry. It employes about 650 people at its two sites in Ravensburg and Neuburg an der Donau.
 
Lactalis Group is a producer of dairy products with some 75,000 employees and has 236 production sites in 43 countries. It has sales offices in 76 countries.

Counsel to OMIRA Oberland-Milchverwertung GmbH
Heuking Kühn Lüer Wojtek:

Dr. Rainer Herschlein, LL.M. (Lead, Corporate and Cooperatives Law), Stuttgart
Benedikt Raisch (Corporate), Stuttgart
Dr. Christian Strasser (Cooperatives Law), Munich
Dr. Stefan Bretthauer (Antitrust), Hamburg
Dr. Juliane Reichelt,
Karen Ishola (both Real Estate), both Stuttgart

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