ICFG Germany advised Wurzel Medien GmbH in their acquisition by P2 MedienInvest Holding GmbH
Seller | Wurzel Medien GmbH |
Target | Wurzel Medien GmbH |
Deal Type | Mergers & Acquisitions |
Buyer | P2 MedienInvest Holding GmbH |
Territory | Germany |
Transaction Description | P2 MedienInvest Holding GmbH will take over the operations of Wurzel Medien GmbH effective 11 January 2021 in the course of an asset deal. The operations of the provider of digital solutions, which has locations in Esslingen and Düsseldorf, will be continued under the newly founded entity, Wurzel Digital GmbH. 22 of the 31 employees have been taken on by the new entity. P2 MedienInvest intends to actively shape the consolidation process that is underway in the printing industry. Many companies in the graphic design and printing industry are no longer viable on their own or are facing succession issues. Peter Dankesreiter and Peter Sommer, the two managing shareholders of P2 MedienInvest in Stuttgart, have been active players in the printing industry for decades and have proven many times that they have a feeling for new profitable fields of business. |
Industry Sector | Business & Professional services |
ICFG Office | Stuttgart |
ICFG Germany advised Wurzel Medien GmbH in their acquisition by P2 MedienInvest Holding GmbH
ICFG Germany accompanied the sale of Wurzel Medien GmbH to P2 MedienInvest Holding GmbH in an advisory capacity. This is already the second company of Wurzel Mediengruppe for which Wintergerst, acting under engagement from the insolvency administrator, Dr. Dietmar Haffa from Schultze & Braun, has found an investor. |