goetzpartners advised the Otto Group as exclusive M&A and commercial advisor on the sale of SportScheck GmbH to Galeria Karstadt Kaufhof

Deal Announcement

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.

 

TRANSACTION TEAM

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