Kirkland & Ellis International LLP advised an affiliate of Sun European Partners, LLP, the European adviser to Sun Capital Partners, Inc., on the proposed acquisitionn of Strauss Innovation Group. The value of the transaction is confidential. The acquisition is subject to the approval of the merger clearance authorities.
Strauss Innovation (http://www.strauss-innovation.de) with headquarters in Langenfeld, Germany, is a private-label retail chain with around 100 stores in Germany and around 1,100 employees. Kirkland advises Sun European Partners, LLP on an ongoing basis, most lately on the acquisitions by its affiliates of Unterland Flexible Packaging, Kobusch group and Reuther group.
The Kirkland team consisted of corporate/private equity partners Erik Dahl, Dr. Jörn Schnigula and Dr. Jan Schinköth, with tax partner Dr. Roderic Pagel, finance partner Dr. Markus Feil and corporate/private equity associates Dr. Daniel Wied and Dr. Bernhard Guthy and tax associate Dr. Ulf Kieker.
About Sun European Partners, LLP
Sun European Partners, LLP is the European adviser to Sun Capital Partners, Inc., a leading U.S.-based private investment firm focused on leveraged buyouts, equity, debt and other investments in market-leading companies that can benefit from its in-house operating professionals and experience. Sun European Partners, LLP has an office in London and affiliates in Paris, Frankfurt and Luxembourg.
About Kirkland & Ellis LLP
Kirkland & Ellis LLP is a 1,500-attorney law firm representing global clients in complex corporate/private equity and tax, restructuring, litigation and dispute resolution/arbitration, and intellectual property and technology matters. The Firm has offices in Munich, Chicago, Hong Kong, London, Los Angeles, New York, Palo Alto, San Francisco, Shanghai and Washington, D.C. The Munich office consists of approx. 30 attorneys focusing primarily on private equity, mergers & acquisitions, restructuring/insolvency, acquisition financing and tax matters.