Sektor

Consumer Goods and Trade

 

With over 80 million inhabitants, Germany is the largest consumer market in Europe. It remains among the Top 10 in terms of purchasing power but is gradually moving towards the lower end in cross-country comparisons. Inflation and sub-par economic growth are hampering dynamic development, meaning that despite the size and importance of the German consumer market, the sector is structurally characterised by challenges.

 

Updated: April 2024     Typ: Executive Summary

Current developments

Inflation creates consumer restraint, trend reversal expected

  

Geopolitical crises and persistently high inflation throughout 2023 are unsettling Germany and have led to a pessimistic consumer climate at the start of 2024. Consumers continue to show caution and tend to be more inclined to saving as a result of the limited planning security. This applies particularly to larger investments and products outside of everyday needs. However, positive changes, such as the inflation rate currently returning to a lower figure, should lead to a brightening of consumer sentiment in the short term.

At the moment, the industry faces significant challenges due to the current economic conditions, largely influenced by consumer restraint. As a result…

At the moment, the industry faces significant challenges due to the current economic conditions, largely influenced by consumer restraint. As a result of present circumstances, issues like shifting consumer behaviour and rising sustainability demands, which require attention in the medium to long term, are taking a back seat.

Companies that demonstrate a high degree of innovative strength and a continuous adaptation to consumer behaviour generally have a better valuation. I…

Companies that demonstrate a high degree of innovative strength and a continuous adaptation to consumer behaviour generally have a better valuation. In addition, a high degree of planning security, such as having a high customer retention rate, has a particularly positive effect.

Investors are particularly fond of companies that excel at retaining customers, especially those with a strong brand presence. Additionally, companies…

Investors are particularly fond of companies that excel at retaining customers, especially those with a strong brand presence. Additionally, companies with the potential to expand successfully into multi-channel platforms are viewed as promising targets.

SXH Sektor Branche Konsumgüter Handel

Growth rate in recent years

+ 4,6

2020

+ 0,3 %

2021

- 0,6 %

2022

+ 2,3 %

2023

Trends

 

Increasing digitalisation

Online retail and multi-channel retail concepts have become an integral part of today's market structures, but the sector’s advancing digitalisation is far from exhausted. Innovative retail concepts and integrated shopping experiences, from self-checkout systems to the use of virtual reality, will shape and permanently change retail in the future. A customer journey that offers both physical shopping experiences and online offers shall achieve significant competitive advantages.

 

Future trends

Besides the push for digitalisation, there's a rising emphasis on product personalisation and sustainability awareness. Understanding your customers thoroughly is key to offering tailored products and top-notch customer experiences, to be integrated into targeted marketing strategies. With low market entry barriers, intense competition and ongoing challenges, cost pressures remain high. Consequently, companies must consistently review the entirety of their value chain to maximise efficiency.

Transaktionen
Erfolgreiche Deals

Advisor to F & P GmbH | Planeo

Saxenhammer successfully advised F & P GmbH, the leading e-commerce retailer for DIY floor coverings in Germany under the “planeo” brand, on its sale to a private investor.

Planeo logo FP GmbH
logo private investor

Advisor to arko-HUSSEL-Eilles

Saxenhammer exclusively advised the arko-HUSSEL-Eilles group on the sale to Viba sweets GmbH.

arko hussel eilles
Viba

Advisor to Westfalia Gruppe

Saxenhammer exclusively advised the Westfalia Group on the sale to the Weltbild D2C Group.

Bildschirmfoto 2024 03 11 um 14.11.16
Weltbild D2C Group Logo

Advisor to Lala Berlin

Advisor to Lala Berlin on the sale to Copenhagen Studios

lala berlin logo
logo copenhagen

Advisor to deinSchrank.de Gruppe

Saxenhammer acted as exclusive financial advisor to deinSchrank.de Group (deinSchrank) on the sale to Rheinische Möbelwerke GmbH.

DeinSchrank Logo
Rheinische Möbelwerke GmbH Logo

Advisor to Miss Sophie GmbH

Advising Miss Sophie GmbH on the sale to WILDE COSMETICS GmbH

miss sophie gmbh unternehmensverkauf v3
WILDE COSMETICS GmbH Unternehmensverkauf

Beratung der Hakle GmbH

Advisor to Hakle GmbH on its IP transaction to Sofidel S.p.A.

Hakle GmbH Sondersituationen
Sofidel Sondersituationen

Advisor to Ludwig Görtz GmbH

Advisor to Ludwig Görtz GmbH einschließlich including its subsidiaries Görtz Retail GmbH and Görtz Logistik GmbH

Ludwig Goertz Sondersituationen
Private Investor Sondersituationen

Advising the joint venture of PepsiCo, Inc. and Strauss Group, Ltd.

Advising the joint venture of PepsiCo, Inc. and Strauss Group, Ltd. on the sale of its subsidiary Florentin Bio Hummus & Falafel products B.V. to Kaja Food GmbH

PepsiCo Inc Strauss Group Ltd Unternehmensverkauf
Kaja Food GmbH Unternehmensverkauf

Advisor to Nutris Ingredients S.L.

Advisor to Nutris Ingredients S.L. on the sale of its majority equity interest to Nazca Capital, SGEIC, S.A.

Nutris Ingredients Unternehmensverkauf
Nazca Capital Unternehmensverkauf

Advisor to Esvisa Foods

Advising Esvisa Foods on the purchase of the production unit of Pizzas Artesanas Villabilla.

Esvisa Foods Unternehmenskauf
Produktionseinheit Pizzas Artesanas Villabilla Unternehmenskauf

Advisor to Biomass Booster

Advisor to Biomass Booster on the capital increase by BUSINESS ANGELS

Biomass Booster Kapitalerhoehung
Business Angels Kapitalerhoehung

Advisor to Sawade GmbH

Advising Sawade GmbH on the sale to Fintura Corporate Finance

Sawade GmbH Unternehmensverkauf
Fintura Corporate Finance Unternehmensverkauf

Advisor to Kofler & Kompanie GmbH

Advising Kofler & Kompanie GmbH on the sale to a private investor

Kofler and Kompanie GmbH Unternehmensverkauf
Private Investor Kapitalerhoehung

Advisor to Picard Lederwaren GmbH & Co. KG

Advising Picard Lederwaren GmbH & Co. KG in the management buyout

Picard Lederwaren GmbH and Co KG Sondersituationen
Management Sondersituationen

Advisor to Parkett Direkt GmbH

Advising Parkett Direkt GmbH on the sale to Parkett Oster

Parkett Direkt GmbH Sondersituationen
Parkett Oster Sondersituatioenn

Advisor to Werkladen Conzen Kunst Service GmbH

Advising Werkladen Conzen Kunst Service GmbH on the sale to a consortium of strategists

Werkladen Conzen Kunst Service GmbH Sondersituationen
Mittermeier Sondersituationen

Advisor to Búfalo Dourado

Advisor to Búfalo Dourado on the sale to Aqua Capital

Bufalo Dourado Unternehmensverkauf
Aqua Capital Unternehmensverkauf

Advisor to SolMic Research GmbH

Advising SolMic Research GmbH on the sale to Sino Deutschland M&A Service GmbH

SolMic Research GmbH Sondersituationen
Sino Deutschland M and A Service GmbH Sondersituationen

Advisor to Gärtner Pötschke GmbH

Advising Gärtner Pötschke GmbH on its sale to Droege Group AG

Gaertner Poetschke GmbH Sondersituationen
Droege Group AG Sondersituationen

Consultation of Stylebop GmbH

Advising Stylebop GmbH on the sale to Fashion ID GmbH & Co. KG

Stylebop GmbH Sondersituationen
Fashion ID GmbH and Co KG Sondersituationen

Advisor to Teamtischer GmbH

Advising Teamtischer GmbH on the sale to Baierl & Demmelhuber Innenausbau GmbH

Teamtischer GmbH Sondersituationen
Baierl and Demmelhuber Innenausbau GmbH Sonderrsituationen

Advisor to C. Hahne Mühlenwerk GmbH & Co. KG

Advisor to C. Hahne Mühlenwerk GmbH & Co. KG on the sale to Krüger GmbH & Co. KG

C Hahne Muehlenwerk GmbH and Co KG Sondersituationen
Krueger GmbH and Co KG Sondersituationen

Advisor to Delitruff s.r.o

Advising Delitruff s.r.o on the sale to Breathe Investments BV

Delitruff sro Unternehmensverkauf
Breathe Investments BV Unternehmensverkauf

Advisor to Lünemann GmbH & Co KG

Advising Lünemann GmbH & Co KG on the sale to Mimung Beteiligungen GmbH

Luenemann GmbH and Co KG Sondersituationen
Mimung Beteiligungen GmbH Sondersituationen

Advisor to Hot Bath B.V.

Advisor to Hot Bath B.V. on the sale to FM Mattson Mora Group

Hot Bath BV Unternehmensverkauf
FM Mattson Mora Group Unternehmensverkauf

Advisor to Hoco Holz GmbH

Advising Hoco Holz GmbH on the sale to Nexus Investments GmbH

Hoco Holz GmbH Sondersituationen
Nexus Investments GmbH Sondersituationen

Advisor to Summary AG

Advising Summary AG on the sale to Vocke Industries GmbH

Summary AG Sondersituationen
Vocke Industries GmbH Sondersituationen

Advisor to Crosslantic Capital Management GmbH

Advising Crosslantic Capital Management GmbH on the acquisition of Hakle GmbH

Crosslantic Capital Management GmbH Unternehmenskauf
Hakle GmbH Unternehmenskauf

Advisor to Michael Schiffer GmbH & Co. KG

Advising Michael Schiffer GmbH & Co. KG on the sale to Solvesta AG

Michael Schiffer GmbH and Co KG Sondersituation
Solvesta AG Sondersituationen

Advisor to Michael Schiffer GmbH & Co. KG

Advising Michael Schiffer GmbH & Co. KG on the sale to the Joos Group

Michael Schiffer GmbH and Co KG Sondersituation
Joos Group Sondersituationen

Advisor to myby GmbH & Co. KG

Advising myby GmbH & Co. KG on the sale to the REWE Group

myby GmbH and Co KG Sondersituationen
REWE Gruppe Sondersituationen

Consulting Stones Men's Fashion GmbH

Advising Stones Men's Fashion GmbH on the sale to DGN Consulting GmbH

Stones Mens Fashion GmbH Sondersituationen
DGN Consulting GmbH Sondersituationen

Advisor to Delinero GmbH

Advising Delinero GmbH on the sale to Foodexplorer GmbH

Delinero GmbH Unternehmensverkauf
Foodexplorer GmbH Unternehmensverkauf

Advisor to PTC Deutschland GmbH

Advising PTC Deutschland GmbH on the sale to TFE GmbH

PTC Deutschland GmbH Sondersituationen
TFE GmbH Sondersituationen

Advisor to ServFood DOO

Advising ServFood DOO on the sale to LG Capital and Deltadia GmbH

ServFood DOO Sondersituationen
LG Capital and Deltadia GmbH Sondersituation

Advisor to Stockheim Systemgastronomie

Advising Stockheim Systemgastronomie on the sale to SSP Group plc

Stockheim Gruppe Unternehmensverkauf
SSP Group plc Unternehmensverkauf

Advisor to Gardeur Group

Advising the Gardeur Group on its sale to the Duijndam Group

Gardeur Group Sondersituationen
Duijndam Gruppe Sondersituationen

Advisor to JT Touristik GmbH

Advisor to JT Touristik GmbH on the sale to Schwarz Group

JT Touristik GmbH Sondersituationen
Schwarz Gruppe Sondersituationen

Advisor to Stockheim Gruppe

Advising the Stockheim Group on the sale to Feinkost Käfer GmbH

Stockheim Gruppe Unternehmensverkauf
Feinkost Kaefer GmbH Unternehmensverkauf

Consultation of Bäckerei / Konditorei Hake GmbH & Co. KG

Advising Bäckerei / Konditorei Hake GmbH & Co. KG on the sale to Sondermann Brot Sauerland GmbH & Co. KG

Baeckerei Konditorei Hake Sondersituationen
Sondermann Brot Sauerland GmbH and Co KG Sondersituationen

Advisor to retec GmbH

Advising retec GmbH on the management buyout

retec GmbH Sondersituationen
Management Sondersituationen

Advisor to Sinn Leffers GmbH

Advising Sinn Leffers GmbH in a management buyout

Sinn Leffers GmbH Sondersituationen
Management Sondersituationen

Advisor to Breeders & Packers Uruguay

Advising Breeders & Packers Uruguay on the divestment to Nipponham Foods.

Breeders and Packers Uruguay Unternehmensverkauf
Nipponham Foods Unternehmensverkauf

Advisor to Autark Digital GmbH

Advising Autark Digital GmbH on the sale to a private investor

Autark Digital GmbH Sondersituationen
Private Investor Sondersituationen

Advisor to InVivo NSA

Advising InVivo NSA on the acquisition of Pancosma

InVivo NSA Unternehmenskauf
Pancosma Unternehmenskauf

Advisor to Amsterdam Commodities N.V

Advising Amsterdam Commodities N.V on the acquisition of N.V. Deli Maatschappij

Amsterdam Commodities NV Unternehmenskauf
NV Deli Maatschappij Unternehmenskauf

Advisor to China Haidian

Advisor to China Haidian on the acquisition of Montres Corum SaRL

China Haidian Holdings Ltd Unternehmenskauf
Montres Corum SaRL Unternehmenskauf

Advisor to Royal Smilde

Advising Royal Smilde on the acquisition of Van de Leur Banketspecialiteiten BV

Royal Smilde Unternehmenskauf
Van de Leur Banketspecialiteiten BV Unternehmenskauf

Consultation of Neronobile Srl

Advising Neronobile Srl on the sale to EOS IM

Neronobile Srl Unternehmensverkauf
EOS Investment Management Unternehmenskauf

Advisor to TieZa GmbH

Advising TieZa GmbH on the sale to a private investor

TieZa GmbH Unternehmensverkauf
Private Investor Sondersituationen

Advisor to Jopp AG

Advisor to Jopp AG on the sale to a private investor

Jopp AG Sondersituationen
Private Investor Sondersituationen

Advisor to Berliner Synchron GmbH

Advisor to Berliner Synchron GmbH on the sale to S&L Medien Gruppe GmbH

Berliner Synchron GmbH Unternehmensverkauf
S and L Medien Gruppe GmbH Unternehmensverkauf

Advisor to Autoteile Berlin GmbH

Advising Autoteile Berlin GmbH on the sale to Manfred Knoll Holding GmbH & Co. KG

Autoteile Berlin GmbH Sondersituationen
Manfred Knoll Holding GmbH and Co KG Sondersituationen

Advisor to Bio Manufaktur ELM GmbH

Advisor to Bio Manufaktur ELM GmbH on the sale to Braun Beteiligungs GmbH

Bio Manufaktur ELM GmbH Untternehmensverkauf
Braun Beteiligungs GmbH Unternehmensverkauf

Advisor to Menzi GmbH

Advising Menzi GmbH on the sale to a private investor

Menzi GmbH Sondersituationen
Private Investor Sondersituationen

Advisor to Walsum Papier GmbH

Advising Walsum Papier GmbH on the sale to a private investor

Walsum Papier GmbH Sondersituationen
Private Investor Sondersituationen

Advisor to Umlauf & Klein Group

Advisor to Umlauf & Klein Group on the raising of debt capital by Alteri Investors

Umlauf Klein Group Fremdkapital Berratung
Alteri Investors Fremdkapital Beratung

Advisor to Umlauf & Klein Group

Advising Umlauf & Klein Group on the raising of debt capital by Alteri Investors

Umlauf Klein Group Fremdkapital Berratung
Alteri Investors Fremdkapital Beratung

Advisor to Fritz Halfmann Schrauben Großhandel GmbH & Co. KG

Advising Fritz Halfmann Schrauben Großhandel GmbH & Co. KG on the sale to the Paal group of companies

Fritz Halfmann Schrauben Grosshandel GmbH and Co KG Sondersittuationen
Paal Unternehmensgruppe Sondersituationen

Advisor to SSP Ident GmbH

Advising SSP Ident GmbH on the sale to SSP Ident GmbH (Creditors)

SSP Ident GmbH Sondersituationen
SSP Ident GmbH Sondersituationen

Consultation of Bäckerei LUBIG GmbH

Advising Bäckerei LUBIG GmbH on the sale to Lafayette Industriebeteiligungen GmbH

Baeckerei LUBIG GmbH Sondersituationen
Lafayette Industriebeteiligungen GmbH Sondersituationen

Advisor to Röhrenkontor Heinen u. Böntgen GmbH & Co. KG

Advisor to Röhrenkontor Heinen u. Böntgen GmbH & Co. KG on its sale to a private investor

Roehrenkontor Heinen und Boentgen GmbH Sondersituationen
Private Investor Sondersituationen

Advisor to Energiebau Solar PowerGmbH

Advising Energiebau Solar PowerGmbH on the sale to Solar Power Inc.

Energiebau Solar PowerGmbH Sondersituationen
Solar Power Inc Sondersituationen

Advisor to Autohaus Sölter

Advising Autohaus Sölter on the sale to Autohaus KAHLE KG

Autohaus Soelter Sondersituationen
Autohaus KAHLE KG Sondersituationen

Advisor to Elegance GmbH

Advising Elegance GmbH on the sale to TKN Real Estate Solutions AG

Elegance GmbH Sondersituationen
TKN Real Estate Solutions AG Sondersituationen

Advisor to Hotho GmbH

Advising Hotho GmbH on the sale to D&S Holding GmbH

Hotho GmbH Sondersituationen
D and S Holding GmbH Sondersituationen

Advisor to E. Zoll Badmöbel GmbH & Co KG

Advising E. Zoll Bad Möbel GmbH & Co KG on the sale to a private investor

E. Zoll Badmoebel GmbH and Co KG Sondersituationen
Private Investor Sondersituationen

Advisor to Kruse Warenhandels GmbH

Advising Kruse Warenhandels GmbH on the sale to a private investor

Kruse Warenhandels GmbH Sondersituationen
Private Investor Sondersituationen

Advisor to Müller Gruppe

Advisor to Müller Group on the sale to Saria SE & Co. KG

Mueller Gruppe Unternehmensverkauf
Saria SE and Co KG Unternehmensverkauf

Advisor to Peine GmbH

Advising Peine GmbH on the sale to Shandong Jining Ruyi Woolen Textile Co. Ltd

Peine GmbH Fremdkapital Beratung
Shandong Jining Ruyi Woolen Textile Fremdkapital Beratung

Consultation of Dr. Förster GmbH

Advising Dr. Förster GmbH on the sale to a private investor

Dr Foerster GmbH Sondersituattionen
Private Investor Sondersituationen

Advisor to Key Capital Investment Management Limited

Advising Key Capital Investment Management Limited on the acquisition of Genosa

Key Capital Investment Management Limited Untzernehmenskauf
Genosa Unternehmenskauf

Advisor to ClubKviar

Advisor to ClubKviar on the capital increase by private investors.

ClubKviar Kapitalerhoehung
Private Investor Kapitalerhoehung

Advisor to Youtailor GmbH

Advising Youtailor GmbH on the sale to a private investor

Youtailor GmbH Sondersituationen
Private Investor Sondersituationen

Advisor to Stonner IP GmbH

Advising Stonner IP GmbH on the raising of debt capital from a private investor

Stonner IP GmbH Fremdkapital Beratung
Private Investor Kapitalerhoehung

Advisor to Eulenspiegel Verlag - Das Neue Berlin Verlagsges. mbH

Advising Eulenspiegel Verlag - Das Neue Berlin Verlagsges. mbH on the sale to a private investor

Eulenspiegel Verlag Sondersittuationen
Private Investor Sondersituationen

Advisor to Key Capital Investment Management Limited

Advising Key Capital Investment Management Limited on the acquisition of Phytogen

Key Capital Investment Management Limited Untzernehmenskauf
Phytogen Unternehmenskauf

Advisor to Neuenhagener Fleischwaren GmbH

Advising Neuenhagener Fleischwaren GmbH on the sale to a private investor

Neuenhagener Fleischwaren GmbH Sondersituationen
Private Investor Sondersituationen

Advisor to Rodi Petfood Nettetal GmbH

Advising Rodi Petfood Nettetal GmbH on the sale to Saturn Petfood GmbH

Rodi Petfood Nettetal GmbH Sondersituation
Saturn Petfood GmbH Sondersituationen

Advisor to Kaufhaus Krauß GmbH

Advising Kaufhaus Krauß GmbH on the sale to Intersport Gärtner

Kaufhaus Krauss GmbH Unternehmensverkauf
Intersport Gaertner Unternehmensverkauf

Advisor to wfv GmbH & Co. KG

Advising wfv GmbH & Co. KG on the sale to a private investor

wfv GmbH and Co KG Unternehmenskauf
Private Investor Kapitalerhoehung

Advisor to Laauser GmbH & Co. KG

Advising Laauser GmbH & Co. KG Upholstered Furniture and Tables on the sale to a private investor

Laauser GmbH and Co KG Sondersituationen
Private Investor Sondersituationen

Advisor to Spectral Lichttechnik GmbH

Advising Spectral Lichttechnik GmbH on the sale to November Capital

Spectral Lichttechnik GmbH Sondersituationen
November Capital Sondersituationen

Consultation of TAG Textilausrüstungs-Gesellschaft Schroers GmbH & Co. KG

Advising TAG Textilausrüstungs-Gesellschaft Schroers GmbH & Co. KG on the sale to the Jagenberg Group

TAG Textilausruestungs Gesellschaft Schroers Sondersituationen
Jagenberg Group Sondersituationen

Advisor to Heller & Köster Stahl and Industriebedarf GmbH

Advisor to Heller & Köster Stahl and Industriebedarf GmbH on the sale to ArcelorMittal Deutschland Holding GmbH

Heller and Koester Stahl Industriebedarf GmbH Unternehmensverkauf
ArcelorMittal Deutschland Holding GmbH Unternehmensverkauf

Advisor to SDZ Druck & Medien GmbH

Advising SDZ Druck & Medien GmbH on raising debt capital from a private investor

SDZ Druck Medien GmbH Fremdkapital Beratung
Private Investor Kapitalerhoehung

Advsor to Friedrich Zettl GmbH

Advising Friedrich Zettl GmbH on the sale to HELVETRUST AG

Friedrich Zettl GmbH Sondersituationen
HELVETRUST AG Sondersituationen

Advisor to AMS Großhandel GmbH

Advisor to AMS Großhandel GmbH in management buyout

AMS Grosshandel GmbH Sondersituationen
Management Sondersituationen

Advisor to Carl Steiner Handwerks- und Industriebedarf GmbH

Advisor to Carl Steiner Handwerks- und Industriebedarf GmbH on the sale to Weyland AG

Weyland AG Unternehmensverkauf
Carl Steiner Handwerks und Industriebedarf GmbH Unternehmensverkauf

Advisor to GeniaTec AG

Advising GeniaTec AG on the sale to ZECH Bau SE

GeniaTec AG Sondersituationen
ZECH Bau SE Sondersituationen

Advisor to Hein Gericke GmbH

Advisor to Hein Gericke GmbH on the sale to Fairchild

Hein Gericke GmbH Sondersituationen
Fairchild Sondersituationen

Advisor to Polo Motorad GmbH

Advising Polo Motorad GmbH on the sale to Fairchild

Polo Motorad GmbH Sondersituationen
Fairchild Sondersituationen

Advisor to International Consulting Group Munich AG

Advisor to International Consulting Group Munich AG on the sale to a private investor

International Consulting Group Munich AG Sondersituationen
Private Investor Sondersituationen

Advisor to RMB Deutschland GmbH

Advising RMB Deutschland GmbH on the sale to Rowo Holding GmbH & Co. KG

RMB Deutschland GmbH Sondersituationen
Rowo Holding GmbH and Co KG Sondersituationen

Advisor to Gremmer Direkt GmbH

Advising Gremmer Direkt GmbH on the management buyout

Gremmer Direkt GmbH Sondersituationen
Management Sondersituationen

Untitled Transaktion Page

Hannoverscher Roehrenhandel Otto Ellersiek GmbH and Co KG Sondersituationen
Stahlrohrhandelsgesellschaft GmbH Sondersituattionen

Expert opinion

 

Our view

Firstly, retail and consumer goods companies are shifting their focus towards strengthening their core businesses by selling off unrelated ventures and acquiring suitable companies. This leads to an increased M&A activity.

Secondly, there is a growing emphasis on enhancing the customer journey. Traditional retail businesses are investing more in e-commerce companies to enhance their digital capabilities.

saxenhammer unternehmen kaufen

More than ever, companies need to address medium to long-term industry trends to future-proof their business models. M&A can be a key driver, fostering innovation or acquiring digitalisation expertise to differentiate themselves from the competition.

Carina Küffen
Managing Director

Your contact partners

 

Saxenhammer has in-depth specialist and industry knowledge and can draw on a broad network

of industry experts with many years of transaction experience.

 

We will be happy to advise you!


Carina Küffen
Partner


Josef Spanidis
Director