goetzpartners advised the Otto Group as exclusive M&A and commercial advisor on the sale of SportScheck GmbH to Galeria Karstadt Kaufhof
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.
Dr. Stephan Goetz
Founder & Managing Partner
Dr. Sigurd Kitzer
Dr. Norbert Danneberg
Senior Industry Advisor