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The Otto Group - one of the world's largest online retailers - has decided to sell its SportScheck GmbH group company, headquartered in Unterhaching near Munich, to Galeria Karstadt Kaufhof. Following successful completion of the deal, SportScheck GmbH is to be integrated into the omnichannel retail portfolio of Galeria Karstadt Kaufhof. The deal was approved by the German Federal Cartel Office and has been closed on February 29th, 2020.
goetzpartners' supported its client with M&A as well as commercial advisory services, including an initial strategic analysis, a detailed synergy assessment with quantification of integration costs as well as an integrated merger model to assist during negotiations.
M&A: Dr. Stephan Goetz Founder & Managing Partner Email Gerwin Weidl Director Christina Bacher Associate
Commercial: Dr. Sigurd Kitzer Partner
Dr. Norbert Danneberg Senior Industry Advisor
Christian Bast Principal
Frederik Sagolla Manager
Jonas Koppe Consultant
Teresa Hammer Associate Consultant