Fellner Wratzfeld & Partner (FWP) has advised Ankerbrot AG on acquiring a 65% shareholding in the Linauer & Wagner bakery group from shareholders Brigitte Linauer, Karl Linauer, and Backerei Wagner Betriebs gmbH & Co KG. Baker McKenzie advised the sellers on the deal.
According to FWP, "for Ankerbrot, the transaction comes as part of a quality initiative and a stronger focus on the craft of bakery. Both production sites will be strengthened as a result of the transaction, but both Ankerbrot and Linauer & Wagner will continue to run their bakery chains under their previous trademarks without change."
The FWP team was led by Partner Christian Thaler.
The Baker McKenzie team was led by Partner Wendelin Ettmayer and included Associate Stephanie Sauer and Junior Associates Pablo Essenther and Michael Schaunig.