Transfer of operations in German family business: GvW advises on acquisition of Klöpferholz Group
Klöpferholz will remain in the hands of the fifth generation of the family: Hermann and Florian Wendelstadt, great-great-grandchildren of company founder Johann Christian Klöpfer, acquired 100 percent of the shares in Klöpfer & Königer Management GmbH as well as the associated logistics real estate.
The Klöpfer Group supplies more than 30,000 craftsmen throughout Germany as well as manufacturers of prefabricated houses, construction groups, prefabrication plants and timber merchants. The business unit Klöpferholz GmbH & Co. KG is one of Germany's leading timber merchants with 700 employees at 20 locations and annual sales of € 330 million.
GvW Graf von Westphalen advised the new owners under the lead of Munich partner Felix Wolf (Corporate/M&A) by a team consisting of Christian Mayer-Gießen, Laurens Klinkert (both Corporate/M&A, Hamburg), Uli Hochdorfer, Lena Biendl (both Corporate, Munich), Dr Sven Donner (Notary, Berlin), Christoph Hauptvogel, Anton Kastenmüller, Denise Waelde (all Employment, Munich), Dr Frank Tschesche, Dr Michael Engel (both Tax, Frankfurt), Hans-Joachim Lagier, Daniel Metz (both Real Estate, Munich) and Sven-Erik Holm (IT, Frankfurt).
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