Noerr advises Dutch Bakery on its combination with coolback to create 3i backed European Bakery Group

Noerr advises Dutch Bakery on its combination with coolback to create 3i backed European Bakery Group

London and Düsseldorf, 18 July 2023.

A Noerr team led by Thomas Schulz and Jana Baumann together with Philip van der Eijk and Jeanne Beck from Houthoff has acted as lead counsel for Dutch Bakery Group, a portfolio company of 3i and a leading bakery group specialised in home bake-off bread and snack products, on the combination with coolback, a leading German bakery group specialised in bake-off bread, to create European Bakery Group, a pan-European bakery platform.

coolback is an established industrial bakery group operating three state-of-the-art bakeries in Germany. The company produces and sells private label, frozen and ambient bake-off bread products to customers active in food retail and foodservice across Germany, the Nordics and Poland. By combining Dutch Bakery and coolback, the newly created European Bakery Group will benefit from a complementary product assortment and customer base across Europe. The combination will enable European Bakery Group to capitalise on its capabilities to offer an innovative, high-quality and comprehensive product assortment to its customers, which is produced sustainably and with natural ingredients at its core.

3i is a leading international investment manager focused on mid-market Private Equity and Infrastructure. Its core investment markets are northern Europe and North America.

Advisors to Dutch Bakery Group: Noerr

Joint lead and M&A: Thomas Schulz (partner, London), Jana Baumann (senior associate, Dusseldorf),

Corporate: Alexander Hirsch (partner), Martin Dopychai (senior associate, both Dusseldorf)

Food law: Evelyn Schulz (partner), Theresa Möller (associate, both Dresden)

Commercial: Michael Reiling (partner), Diana Richter (senior associate, both Munich)

Real Estate: Henrik Dornscheidt (associated partner), Raphaël Hebecker (senior associate, both Dusseldorf)

Employment: Patrick Mückl (partner), Paul Tophof (associate, both Dusseldorf)

Regulatory: Carsten Bringmann (associated partner), Melanie Tschakert (associate, both Dusseldorf)

Antitrust & Competition: Fabian Badtke (partner), Lorenz Jarass (senior associate, both Frankfurt)

Dutch advisors: Houthoff (Philip van der Eijk, Jeanne Beck)