18 October 2021 Press releases

GvW advises Vendis Capital on acqui­sition of majo­rity interest in Blue­Brixx and Model Car World

Vendis Capital III has acquired a majority interest in BlueBrixx and Model Car World. GvW Graf von Westphalen’s Shanghai office advised the private equity fund on the Chinese law aspects of the transaction.

Vendis Capital III is a fund specialising in the international consumer goods industry. With a fund volume of 300 million euros, it has helped over the years numerous companies from the sector to develop their global brands.

Founder and CEO of BlueBrixx and Model Car World, Klaus Kiunke, will retain a minority stake in both companies. As a direct-to-consumer brand, BlueBrixx offers a wide range of products in the area of construction brick sets – under both its own brand names and those of third parties. With a product range of over 8,000 models, Model Car World is one of Europe’s leading suppliers of model cars.

The law firm CORVEL acted as lead adviser for the transaction. GvW advised Vendis Capital III on the Chinese law aspects of the acquisition with a team consisting of Dr Dominic Köstner, Patrick Heid, Yingci Geng and Zheng Ye (all Shanghai). GvW is present in the Chinese market with its own office in Shanghai since 2008 and advises European and US companies on their M&A activities and business relationships in China. Our team of ten German and Chinese qualified lawyers are being increasingly engaged in particular for their expertise in the Chinese law aspects of cross-border transactions, as seen most recently with M&A deals of Sartorius and Capiton.


Head of Marketing and Communications
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