GÖRG advises Zeitfracht Group on the acquisition of a substantial stake in VEMAG Verlags- und Medien AG
Led by GÖRG Partner Dr. Michael Dolfen, the Berlin-based Zeitfracht Group has acquired a substantial stake in the Cologne-based publishing group VEMAG Verlags- und Medien Aktiengesellschaft ("VEMAG") from several shareholders. The transaction has already been cleared by the German Federal Cartel Office. Through this transaction, Zeitfracht will gradually take control of VEMAG. The parties involved are keeping the details of the transaction confidential.
VEMAG owns well-known book brands such as Delphin (picture books, non-fiction, children's books), Naumann & Göbel (cookbooks, guidebooks, gift books) and Schwager & Steinlein (children's books). VEMAG also holds a stake in CE Community Editions, in which Bastei Lübbe also has a stake. Most recently, VEMAG achieved total sales of around EUR 62 million.
With this transaction, Zeitfracht is continuing its steady growth. As in the past, Zeitfracht has again been advised by GÖRG on this transaction.
Only recently, GÖRG’s Associated PartnerChristopher Schiller also advised Zeitfracht on the conversion of its legal form into a partnership limited by shares (GmbH & Co. KGaA).
GÖRG Partnerschaft von Rechtsanwälten mbB
Dr. Michael Dolfen, Partner, Lead Management, M&A / Corporate, Cologne
Claus Christopher Schiller, Associated Partner, M&A / Stock and Capital Markets Law, Cologne
Dr. Christian Bürger, Partner, Antitrust Law, Cologne
The Zeitfracht Group is an owner-managed family business in its third generation with a national and international focus. As a logistics service provider operating for over 90 years, Zeitfracht is active in the national and international logistics industry and is one of the leading providers of system transport in Germany and Europe.