Annweiler — The manufacturer of folding carton Buchmann Karton GmbH sells to cartonboard producer Moritz J. Weig GmbH & Co KG. Buchmann was advised by Heuking Kühn Lüer Wojtek. However, the takeover is still subject to regulatory approval. The producers did not disclose the amount of the transaction.
Buchmann looks back on a tradition of about 120 years as an owner-managed company and is active in the field of development and production of folding cartons with more than 330 employees at the Annweiler site. Buchmann generated sales of around EUR 190 million in 2022. At the beginning of March, a sales agreement was signed with the WEIG Group.
WEIG is also an owner-managed group of companies. WEIG’s activities cover the packaging, cartonboard and recycling sectors. The WEIG Group includes companies in Germany and South America. Approximately 1500 employees generate sales of over EUR 800 million p.a. for WEIG. The sale of the shares to Buchmann took place within the framework of a structured sales process.
A team led by M&A specialists Dr. Andreas Lenz (Cologne) and Dr. Rainer Herschlein (Stuttgart) advised the shareholders of folding carton manufacturer Buchmann Gesellschaft mit beschränkter Haftung (Buchmann) on its sale to the WEIG Group.
Advisors to Buchmann Gesellschaft mit beschränkter Haftung: Heuking Kühn Lüer Wojtek
Dr. Andreas Lenz, Cologne, Dr. Rainer Herschlein, LL.M., (Corporate Law/M&A, joint lead), Stuttgart;
Dr. Johan-Michel Menke, LL.M., (Labor Law), Hamburg, Michael Neises (Financing), Frankfurt,
Dr. Frank Baßler (Real Estate Law), Stuttgart, Beatrice Stange, LL.M., (Competition Law), Düsseldorf;
Dr. Emanuel Teichmann, Ramona Bauer-Schöllkopf, LL.M., (both Corporate Law/M&A), both Stuttgart,
Bastian Rieck, Dr. Vera Randel (both M&A, Corporate Law), both Cologne;
Antje Münch, LL.M., (IP/IT/Data Protection), Stuttgart,
Bettina Neheider (Public Law, Environment), Dr. Ruth Schneider (Commercial), both Munich;
Veronika Straub, Ivana Djepic (both Real Estate), both Stuttgart;
Christian Staps, Michèle von Lewinski (both Banking & Finance), both Frankfurt;
Dr. Arietta von Stechow, Timo Trefzger (both Labor Law), both Hamburg;
Carina Bart (Labor Law), Stuttgart
The sellers were advised on tax matters by lawyers and tax consultants Christian Roth and Jens Otto von Bansbach.
The WEIG Group was represented by a team from Graf von Westphalen Frankfurt am Main, led by attorney Eric Messenzehl.