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Heuking and Schoenherr Advise on Grotkamp Acquisition of All Shares in Funke Mediengruppe

Heuking and Schoenherr Advise on Grotkamp Acquisition of All Shares in Funke Mediengruppe

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Heuking Kuhn Luer Wojtek has advised the Grotkamp family on the acquisition of all shares in Funke Mediengruppe. Schoenherr advised on antitrust aspects of the deal. Milbank advised the Funke Mediengruppe.

Financial details were not disclosed. The transaction remains contingent on regulatory approval.

Funke Mediengruppe publishes twelve regional newspapers in Germany (including Westdeutsche Allgemeine, Neue Ruhr/Neue Rhein Zeitung, Hamburger Abendblatt, Berliner Morgenpost) and more than three dozen women’s magazines and TV guides (such as Hoerzu, Gong, and Bild der Frau).

According to Heuking, “the Grotkamp family – Petra Grotkamp and her children Julia Becker, Nora Marx, and Niklas Wilcke – acquired all shares from the previous co-shareholders of the Schubries and Holthoff-Pfortner family lines, thus taking over Funke Mediengruppe in full.”

Heuking’s team was led by Lawyer Andreas Urban and included Lawyers Roland Reichert, Michael Sorgel, Leonard Urban, Rainer Velte, Beatrice Stange, Jorn Matuszewski, and Michael Neises.

Schoenherr’s team included Partner Franz Urlesberger and Attorney Valerie Ditz.

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Schoenherr is a leading full-service law firm providing local and international companies stellar advice that is straight to the point. With 15 offices and 4 country desks Schoenherr has a firm footprint in Central and Eastern Europe. Our lawyers are recognised leaders in their specialised areas and have a track record of getting deals done with a can-do, solution-oriented approach. Quality, flexibility, innovation and practical problem-solving in complex commercial mandates are at the core of our philosophy.

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