Cerha Hempel, working with Cuatrecasas, has advised MW Holding and CAFS Invest, both affiliated with the XXXLutz Group, on the acquisition of Conforama Iberia from the current owner, a successor from the restructuring of the Steinhoff Group.
The transaction remains contingent on regulatory approval.
According to Cerha Hempel, with 59 furniture outlets, Conforama Iberia is one of the most important market players in Spain and Portugal. Conforama has been operating on the Iberian Peninsula for more than 30 years. Its network of stores comprises 46 shops in Spain and 13 in Portugal.
Earlier, in 2022, Cerha Hempel advised XXXLutz on partnership with Black Red White (as reported by CEE Legal Matters on June 6, 2022).
The Cerha Hempel team included Managing Partner Clemens Hasenauer, Partners Johannes Prinz, Harald Stingl, and Lorenz Pracht, Attorney at Law Tobias Tangl, and Associates Denise Runceanu, Hannah Gerbl, Claus Wintersteller, and Sophie Stock
Cerha Hempel did not respond to our inquiry on the matter.
