Merger between Humana and Nordmilch – Germany’s largest dairy company
Marccus Partners advised Nordmilch AG (Bremen) on its merger with Humana Milchindustrie GmbH (Everswinkel). The two firms were the major dairy products groups in Germany and, as a result of transaction, now constitute the largest German dairy company, trading under the name of DMK Deutsches Milchkontor GmbH.
The company treats about 6.7 million tons of milk, about a quarter of the total amount of milk treated in Germany. Due to the merger, the group is now within the top ten European dairy enterprises. The merger had been prepared for 2 years and was approved by the German Federal Cartel Office last year.
The two groups together have more than 5500 employees and a turnover of over 4 billion euro.
The Marccus Partners lawyers/taxadvisors involved were Prof. Dr. Claus Schild (Tax/M&A), Stephan Abele (Corporate/ Tax), Hansjörg Zelger (M&A) - Munich and Volkmar Berner (M&A), Dr. Michael Schley (Labour Law) as well as the associates Markus Luckner (Tax), Yvonne Pannewig (Corporate) – all from Düsseldorf
