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Cerha Hempel and Preslmayr Advise on Ritter's Acquisition of Production Facility From Mars

Cerha Hempel and Preslmayr Advise on Ritter's Acquisition of Production Facility From Mars

Austria
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Cerha Hempel, working alongside German law firm Menold Benzler, has advised Alfred Ritter GmbH & Co KG on its acquisition of a production facility belonging to Mars Austria OG in the Austrian village of Breitenbrunn. Preslmayr reportedly advised Mars on the deal.

According to Cerha Hempel, “under the terms of the asset deal, Ritter also acquired the Amicelli, Fanfare, and Banjo trademarks. From 2021 onwards, the German chocolate manufacturer will produce Amicelli wafer rolls in addition to various Ritter Sport products at its factory in Breitenbrunn, Austria.”

Mars is the Austrian subsidiary of Mars Inc, a US food company. According to Cerha Hempel, "after the sale, Mars Austria OG will continue to operate at two locations in Austria, one in Vienna and the other in Bruck an der Leitha,”

Cerha Hempel’s team included Managing Partner Albert Birkner, Counsel Michael Mayer, Senior Associates Nadine Leitner and Christopher Peitsch, and Associate Alistair Gillespie.

Preslmayr's team was led by Partners Rainer Herzig and Oliver Walther and Associates Katharina Zehetner-Siquans and Eszter Toth.