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Deloitte Legal advises Foresco Group on acquisition of shares and business premises of Olbort Palletten GmbH
An international Deloitte/Deloitte Legal team led by Cologne-based Corporate/M&A partner Dr. Christof Bremer has advised the Belgian-Dutch Foresco Group on the acquisition of all shares and the business premises of Olbort Palletten GmbH.
The Foresco Group specialises in industrial pallet and packaging solutions with a strong focus on sustainability and recycling. Foresco develops, manufactures, recycles and repairs wooden pallets and packaging, helping companies, mainly in Belgium, the Netherlands, Luxembourg and Germany, to solve their complex logistical challenges.
Olbort Paletten GmbH, founded in 1949 and based in Weilbach in the Odenwald region of Germany, is known for its tailor-made pallets and innovative solutions.
The acquisition of Olbort is an important step for Foresco in the further expansion of the group in Germany. Tobias Olbort will remain with the company to oversee the transition to Foresco and ensure a smooth transition and continuity.
Deloitte Legal advised the Foresco Group on all transactional aspects of the acquisition. Tax advice was provided by Deloitte Germany, while financial advisory services were provided by Deloitte Belgium. With its interdisciplinary and cross-border expertise, the Deloitte/Deloitte Legal team, led by Cologne partner Dr Christof Bremer, was able to contribute to an efficient and successful transaction.
Advisors to Foresco Group:
Deloitte Legal Germany: Dr Christof Bremer, LL.M. (Partner, Lead, Corporate/M&A), Dirk Hänisch, LL.M. (Partner, Corporate/M&A, Düsseldorf), Claus Wilker (Counsel, Employment Law, Hannover), Anna Mafalda Bock (Senior Associate, Employment Law, Hannover), Juliane Franze (Senior Associate, IT, Berlin), Sven Wilmer, LL.M. und Maximilian Giepmann (both Associate, Corporate/M&A, Cologne and Düsseldorf), Dr. Annalena Schneider (Associate, Employment Law, Hannover)
Deloitte Belgium: Toon Peeters (Partner, M&A Transaction Services, Brussels), Karim Igout (Manager, M&A Transaction Services, Brussels)
Deloitte Tax Germany: Andrea Bilitewski (Partner, Tax, Hamburg), Hanno Schmitz (Director, Tax, Cologne), Tim Linkerhägner (Consultant, Tax, Hamburg)
Published: January 2025
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