DGAP-News: Willkie Farr & Gallagher LLP / Key word(s): Acquisition
14.08.2017 / 11:54
The issuer is solely responsible for the content of this announcement.
AS Adventure Group, a portfolio company of French private Equity fund PAI, has acquired the majority of the shares in YEAH! AG, which operates inter alia the McTREK stores. The consummation of the transaction is subject to antitrust approval.
AS Adventure Group is currently active in 6 countries with a total turnover of over EUR 500 million.
McTREK is a successful outdoor retailer in Germany with 39 stores and a fast-growing web shop with a total turnover of more than EUR 50 million.
The founder and CEO of McTREK, Ulrich Dausien, was also the founder of Jack Wolfskin.
Transaction Advisors
The Willkie Farr & Gallagher LLP team was led by Dr. Axel Wahl and Mario Schmidt (both Corporate, Frankfurt) and included partners Susanne Zuehlke (Antitrust, Brussels), Dr. Bettina Bokeloh (Tax) and Dr. Christian Rolf (HR, both Frankfurt) as well as the associates Johannes Eckhardt, Adrian Dengler, Dr. Stefan Bührle, Lukas Nein (all Corporate) and Tim Bulian (HR, all Frankfurt).
Willkie Farr & Gallagher LLP is an international law firm, comprising more than 650 attorneys with offices in New York, Washington, Houston, Paris, London, Milan, Rome, Frankfurt and Brussels. The headquarters are in New York, 787 Seventh Avenue, Tel.: 001 212 728 8000.
Frankfurt am Main, August 14, 2017
14.08.2017 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.
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