GÖRG advised Argos on the acquisition of a majority stake in Bäckerei Kamps GmbH and, as part of this, on the extension of the acquisition financing. The integration of one of Germany’s best-known bakeries will create a leading bakery group with more than 400 branches nationwide.

The current financing was preceded in 2024 by acquisition financing for the takeover of Karl Schmidt GmbH, a bakery chain which at the time had over 70 branches in North Rhine-Westphalia and Lower Saxony. Further acquisitions were completed in the following year. The European private equity firm is now acquiring the Kamps bakery chain as a further investment from the Argos Wityu Mid-Market VIII fund. Argos is pursuing a growth strategy that encompasses organic development, the expansion of locations and targeted acquisitions.

The new merger creates a joint platform enabling the businesses to respond more effectively to the challenges of the industry and capitalise on opportunities – including in the areas of recruitment and staff retention, procurement, logistics and digitalisation. The independent brands will operate under a common umbrella led by Marc Kranz as Group CEO. At the same time, the management teams at both Kamps and Bäckerei Schmidt will remain unchanged.

The commercial law firm GÖRG, led by partner Dr Thomas Lange, advised Argos in this further step towards growth and has comprehensively adapted and expanded the acquisition financing. Clearwater International GmbH was involved in the role of debt advisor.

The parties have agreed not to disclose the purchase price or further details.

Advisors Argos Wityu GmbH

GÖRG Partnerschaft von Rechtsanwälten mbB
Dr Thomas Lange (Lead, Partner, Financing, Cologne)
Julia Restani, LL.M. (Associated Partner, Financing, Frankfurt am Main)
Jannik Gesekus (Associate, Financing, Cologne)