Taylor Wessing advises online retailer DEUBA on the sale of majority stake to Rieker Investment

The previous sole shareholder of DEUBA GmbH & Co. KG from Merzig has sold 60 percent of its company shares to Rieker Investment GmbH from Tuttlingen. Taylor Wessing advised the transaction under the lead management of Düsseldorf-based M&A partner Ernst-Albrecht von Beauvais. The parties agreed to remain silent about the purchase price.

The company DEUBA was founded in 2002 as a pure online distributor. At this time, online distribution was still in its infancy. Today, with over 100,000 square meters of storage space, a product portfolio of more than 2,000 articles and more than 1,000,000 customers per year, the company is one of Germany’s largest online retailers. The range includes, inter alia, garden and leisure articles, toys, sports equipment and furniture.

The new majority shareholder Rieker Investment is part of the Rieker finance group, behind which the entrepreneurial family Rieker with the eponymous shoe brand stands.  It focuses on long-term investments in mid-sized businesses in a wide variety of industries.

Legal advisor partners of DEUBA GmbH & Co. KG

Taylor Wessing: lead Partner: Dr. Ernst-Albrecht v. Beauvais (Partner, M&A, Düsseldorf), Patrique Willems (Senior Associate, M&A), Dr. Simon Weppner (Partner, Tax), Dr. Joachim Mandl (Salary Partner, Real Estate) (all Düsseldorf)

WICORA Rechtsanwälte: Dr. Dietmar Benne

Legal advisors Rieker Investment GmbH:

Rechtsanwälte Oppenländer (Stuttgart): Dr. Felix Born, Dr. Teresa Bopp, Dr. Hannes Dreher, Dr. Ulrich Klumpp, Dr. Daniel Schillerwein, Dr. Christian Gunßer.

Rechtsanwälte Ebner Stolz (Stuttgart):  Volker Schmidt, Armand von Alberti