Goodwin has advised Oldenburgische Landesbank AG (“OLB”) as lender on the acquisition financing for KKA in connection with the acquisition of GeHo Group (“GeHo”).
OLB is a widely diversified universal bank with a nationwide presence and more than 150 years of experience in the core region of north-west Germany. Under the OLB and Bankhaus Neelmeyer brands, the Bank advises its approximately 1 million customers in the Private & Business Customers and Corporate & Diversified Lending segments in person and via digital channels. OLB has total assets of more than EUR 30 billion, making it a significant financial institution in Europe.
KKA Partners was founded in 2018 and is a Berlin-based private equity firm investing in leading medium-sized companies in Germany, Austria and Switzerland. The founding partners have a deep-rooted family and professional connection to the medium-sized business sector, which they have developed over 20 years of close cooperation with medium-sized companies.
Founded in 1989, GeHo is a specialized distributor of confectionaries, baked goods, and beverages focused on the growing vending industry, located in Straelen, Germany. With third-party brands and own brand products GeHo provides snacks and beverages on the go to people across DACH via universities, schools, corporates, public institutions, and, in particular, vending operators.
The team was led by Winfried M. Carli and Daniel Wagner and included Folko Moroni, Marius Garnatz, Philipp Lehle and Rina Omura (Private Equity/Finance) as well as Felix Krüger and Philipp Lauer (Tax).