Dorda has advised Swiss milk processor EMMI AG on the acquisition of a 66% stake in Leeb Biomilch GmbH and its affiliate company Hale GmbH, the Austrian suppliers of organic goat milk and sheep milk products, from shareholders Hubert Leeb and Jorg Hackenbuchner. Hasch & Partner advised Leeb Biomilch GmbH.
Leeb and Hackenbuchner will remain in the company as managing directors and co-owners after the takeover.
The transaction is expected to close in the summer of 2019 and is subject to approval by the competition authorities.
The EMMI group has over 6000 employees, with subsidiaries in 14 countries. It has 32 production facilities and exports high-quality milk products to around 60 countries.
The family-owned Leeb Biomilch GmbH is an organic dairy producer in the Kremstal valley, in Upper Austria. Hale GmbH is an affiliated company of Leeb which develops and distributes vegan organic products.
Dorda’s team consisted of Partners Martin Brodey and Heinrich Kuhnert, Counsel Elisabeth Konig, and Associate Patricia Backhausen.
The Hasch & Partner team was led by Partner Franz Guggenberger.