BRANDI advises Miele on majority stake in Otto Wilde Grillers

Güters­loh — House­hold and commer­cial appli­ance manu­fac­tu­rer Miele has acqui­red a majo­rity stake in Otto Wilde Gril­lers GmbH, a leading manu­fac­tu­rer of grills. Miele was advi­sed on the tran­sac­tion by a cross-loca­­tion M&A team from the law firm BRANDI Rechts­an­wälte, led by Güters­loh part­ners Dr. Franz Tepper (photo) and Dr. Cars­ten Chris­to­phery. The tran­sac­tion was carried out by way of a share deal. The parties have agreed not to disc­lose the purchase price.

By acqui­ring 75.1% of the shares in the specia­list for gas barbe­cu­e­ing, the world-renow­­ned Miele house­hold appli­ance group is further expan­ding its exper­tise in the field of outdoor cooking. In addi­tion to expan­ding the port­fo­lio, further inter­na­tio­na­liza­tion is on the joint agenda.

Foun­ded in 2015 in Düssel­dorf, Germany, the family-owned company Otto Wilde Gril­lers deve­lops, builds and sells high-end grills along with access­ories. The devices are produ­ced by manu­fac­tu­ring part­ners in Germany and China. The company curr­ently employs 30 people.

Miele has many years of exper­tise in the deve­lo­p­ment, produc­tion and global marke­ting of premium built-in appliances.

BRANDI Rechts­an­wälte conti­nuously advi­ses Miele on tran­sac­tions and corpo­rate law issues, in parti­cu­lar on invest­ments in and acqui­si­ti­ons of start-ups. The advice on the invest­ment in Otto Wilde Gril­lers covered the due dili­gence, the purchase agree­ment, the invest­ment agree­ment and the nego­tia­ti­ons in the context of the transaction.

Advi­sors to Otto Wilde Gril­lers: LACORE Rechts­an­wälte, Berlin

Advi­sor Miele: BRANDI Attor­neys Gütersloh/Paderborn/Bielefeld
Dr. Franz Tepper (photo), Part­ner (Co-Lead, Corporate/M&A), Gütersloh
Dr. Cars­ten Chris­to­phery, Part­ner (Co-Lead, Corporate/M&A), Gütersloh
Dr. Nils Wigging­haus, Part­ner (Corporate/M&A), Gütersloh
Eva-Maria Gott­schalk, Part­ner (Corporate/M&A), Gütersloh
Dr. Sörren Kiene, Part­ner (Commer­cial), Gütersloh
Dr. Sandra Vyas, Part­ner (Employ­ment Law), Paderborn
Dr. Chris­toph Rempe, Part­ner (IP/IT, Anti­trust Law), Bielefeld
Meike Pott­hast, Asso­ciate (Labor Law), Paderborn

Advi­sors to Otto Wilde Gril­lers GmbH: LACORE Rechts­an­wälte, Berlin
Nata­lie Vahsen, Part­ner (Corporate/M&A)
Stefa­nie Berges, Asso­ciate (Corporate/M&A)
Paola Leiva, Asso­ciate (Corporate/M&A)