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Photo: Dr. Thomas Ammermann, Partner at McDermott Will & Emery, Düsseldorf (© Mcdermott)

McDermott advises KRÜGER GROUP on the acquisition of Hermes Süssstoff

Photo: Dr. Thomas Ammer­mann, Part­ner at McDer­mott Will & Emery, Düssel­dorf (© Mcdermott)
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22. July 2024

Düssel­dorf — KRÜGER GROUP has acqui­red Hermes Süss­stoff AG, based in Zurich.
The KRÜGER GROUP and its subsi­dia­ries have long been active along the entire produc­tion chain for sweeten­ers and are globally networked.
With the acqui­si­tion of Hermes Süss­stoff AG from the Klos­ter­frau Health­care Group, the KRÜGER GROUP has further expan­ded its posi­tion in the field of calo­rie-free sweeteners.
The KRÜGER GROUP, based in Bergisch Glad­bach, is a globally estab­lished family busi­ness in the food industry.
KRÜGER deve­lops, produ­ces and markets its products with around 5,600 employees at 21 loca­ti­ons in ten countries.
The Group owns brands such as KABA, Scho­get­ten, Trumpf, Fritt and Hafervoll.
Hermes Süss­stoff AG was foun­ded in 1904 and markets and produ­ces the inter­na­tio­nally renow­ned brands Herme­se­tas and SteviaS­weet in addi­tion to the sweete­ner Assugrin.
The tran­sac­tion has alre­ady been completed.
The busi­ness opera­ti­ons of Hermes Süss­stoff will conti­nue unch­an­ged after the takeover.
McDer­mott regu­larly advi­ses the KRÜGER GROUP on inter­na­tio­nal tran­sac­tions as well as natio­nal and inter­na­tio­nal anti­trust and compe­ti­tion law issues.
Advi­sors KRÜGER GROUP: McDer­mott Will & Emery, Düssel­dorf Dr. Thomas Ammer­mann (Corporate/M&A), Chris­tian Krohs (Anti­trust Law), Paul McGrath (Employ­ment Law, London), Marcus Fischer (Coun­sel, Tax Law, Frank­furt); Asso­ciate: Julian Rößler-Weis (Anti­trust Law) MLL Legal, Zurich (Swiss Law): Andrea Sieber (Corporate/M&A), Dr. Simon Holzer (IP), Renato Bucher (Compe­ti­tion Law), Asso­ciate Phil­ipp Falk (Corporate/M&A) Advi­sors KRÜGER GROUP Inhouse: Dr. Martin Fröh­lich (M&A), Dr. Kai Danel­zik (Corpo­rate), Kai Piepen­stock (Tax) About McDer­mott Will & Emery McDer­mott Will & Emery is a leading inter­na­tio­nal law firm with over 1,400 lawy­ers in more than 20 offices in Europe, North America and Asia. Our lawy­ers cover the entire spec­trum of commer­cial and corpo­rate law with their advice. The German prac­tice is mana­ged by McDer­mott Will & Emery Rechts­an­wälte Steu­er­be­ra­ter LLP. https://www.mwe.com/de

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