Press Release

Kirkland Advises XXXLutz Group on Voluntary Public Takeover Offer for All Outstanding Shares of home24

Kirkland & Ellis advised XXXLutz Group on a voluntary public cash takeover offer for all outstanding shares of home24 SE. 

home24 is a leading e-commerce platform in the home & living segment and is listed in the Prime Standard on the Frankfurt Stock Exchange.

Completion of the offer will be subject to regulatory approvals as well as further customary conditions.

The XXXLutz Group operates more than 370 furniture stores in 13 European countries and employs more than 25,700 people. With an annual turnover of EUR 5.34 billion, XXXLutz Group is one of the three largest furniture retail groups in the world.

The Kirkland team advising XXXLutz Group was led by transactional partners Ben Leyendecker and David Huthmacher and included tax partner Michael Ehret as well as transactional associates Jörg Ruff, Philipp Keinath, Victor Fiekers, capital markets associate Siegfried Büttner and debt finance associate Nino Goglidze.