Heymann & Partner advises Triton on the intended acquisition of Karstadt group
The German-Scandinavian private-equity-house Triton intends to acquire the 120 business sites of the insolvent department store group Karstadt and offers, according to media reports, EUR 30 million. Triton intends to make investments of a further EUR 60 million into the department store chain. So far, the financial investor is the only bidder with the intention to continue the entirety of the Karstadt department stores in its current form.
Triton was advised by Thomas Heymann, Titus Walek, Dr. Sabine Pittrof, Dr. Henning Bloß and Dr. Katharina Scheja.