PE International Snapshots 2022

16

BDO PRIVATE EQUITY

GERMANY

Sale of Rudolf Dankwardt GmbH to LafayetteCapital

The BDO M&A team in Germany successfully advised the shareholders of Rudolf Dankwardt on the sale of a majority stake to Lafayette Capital. The transaction structure also included a recapitalisation of Rudolf Dankwardt. Rudolf Dankwardt is a market leading custom manufacturer of high quality aerosols, liquids and emulsions for the growing skin and personal care market. The Company operates two state-of-the art production sites in Germany. It covers the entire value chain from R&D, production, packaging to marketing. Around 500 employees work for the Company and produce ca. 130 million units of shampoos, shower gels, body lotions, shaving foams, hair sprays and deodorants p.a. Key customers include global personal care players and large European retail chains which benefit from tailor-made white-label products that the Company develops. Lafayette Capital will further accompany the Company’s growth in its core business and also in the promising white-label space.

BDO contact for this transaction

HANS-JÜRGEN RONDORFF Partner Corporate Finance/M&A hans-juergen.rondorff@bdo.de OLIVER BACH Manager Corporate Finance/M&A oliver.bach@bdo.de

The transaction closed in January 2022.

INTERNATIONAL SNAPSHOTS 2022

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