Deloitte Legal advises Rohlik Group on investment in organic baby food
Munich — With a cross-location team led by Munich partner Eike Fietz (Corporate/M&A), Deloitte Legal advised Rohlik founder Tomáš Čupr and his family office TCF Capital on the preparation of a strategic investment to rescue Töpfer GmbH based in Allgäu.
In cooperation with the restructuring experts from PLUTA and Grub Brugger as well as Deloitte Financial Advisory, the Deloitte Legal team developed an investment concept that includes a capital reduction and breaks new ground in a number of aspects.
The innovative deal structure provides for TCF Capital, an investment company owned by Tomáš Čupr, founder and CEO of the Rohlik Group, to acquire all of Töpfer’s business activities and assets.
The transaction will enable Töpfer to continue its business operations, in particular the production site in Dietmannsried, while preserving around 135 jobs.
Deloitte will continue to support the project with an interdisciplinary team until completion.
The closing of the transaction will take place in early fall 2024, subject to outstanding closing conditions, including the approval of the responsible antitrust authorities. Peter Klekner, CEO of TCF Capitalsays about the collaboration with Deloitte Legal: “With the Deloitte Legal team and Eike Fietz in particular, we had a partner at our side who was extremely committed, solution-focused and had an eye for the key issues. We were able to implement our investment in Töpfer quickly and efficiently and always had the legal issues under control.” Advisor TCF Capital: Deloitte Legal Eike Fietz (lead, corporate/M&A, Munich), Torsten Cülter (restructuring, Hamburg), Theresa Bayer (employment law, Munich), Stefan Weste (employment law, Berlin) Advisor to Töpfer: PLUTA Rechtsanwalts GmbH Florian A. Zistler, Ludwig Stern, Dr. Maximilian Pluta, Daniel Barth, Laura Holzmannstetter, Dennis Stroh Grub Brugger: Dr. Hans Konrad Schenk, Philipp Nuber, Lime Dauti About TCF Capital TCF Capital is an investment company and family office founded by entrepreneur Tomáš Čupr.
Its most important asset is the Czech Rohlik Group.
With a company valuation of over one billion US dollars, the Rohlik Group is one of the leading players in European online grocery retail.
Its broad product range includes around 17,000 products, from fresh food from regional suppliers to supermarket products and own brands.
With a turnover of 700 million euros and growth of 25% in 2023, the group is active in five European countries.
In Germany, Rohlik is known under the Knuspr.de brand. About Töpfer Töpfer GmbH is a leading manufacturer of organic baby food.
Its products include baby milk formula and baby porridge.
The company also produces natural cosmetics for mothers and babies.
All products are manufactured at the Dietmannsried site in the Allgäu region. Deloitte Legal Deloitte Legal refers to the legal practices of Deloitte Touche Tohmatsu Limited member firms, their affiliates or partner firms that provide legal services. Deloitte provides industry-leading audit and assurance, tax, consulting, financial advisory and risk advisory services to nearly 90% of Fortune Global 500® companies and thousands of private companies. Legal services in Germany are provided by Deloitte Legal. Our people deliver measurable, long-term results that help build public confidence in the capital markets, support our clients to transform and grow, and lead the way to a stronger economy, a fairer society and a sustainable world. Deloitte builds on more than 175 years of history and operates in more than 150 countries. Find out more about how Deloitte’s approximately 457,000 employees live the mission statement “making an impact that matters” every day: www.deloitte.com/de.