Osborne Clarke has advised the shareholders of KOBRA Formen GmbH, one of the world's leading medium-sized developers and manufacturers of high-quality concrete block molds, on the sale of shares to Rieker Investment GmbH, which is known for its long-term and sector-open investments in SMEs.
With around 500 employees worldwide, six branches in Europe and North America as well as distribution partners in Canada, Europe and Asia, KOBRA Formen, a medium-sized company founded more than 30 years ago, has meanwhile made an international name for itself with its trend-setting technology. The basis for its success is healthy and sustainable development – as part of this strategy, a majority stake was sold to Rieker Investment GmbH on 1 September 2022.
Just like KOBRA, Rieker is a family-owned company with a long tradition and a common approach to management, KOBRA Formen announced. The common values – sustainability, healthy growth, innovation and quality – are the basis of the cooperation. As part of the Rieker Investment family, KOBRA Formen says it is well positioned for the long term and will be able to continue its corporate strategies in the same way.
The Osborne Clarke team consisted under the partner responsibility of Dr Martin Sundermann and the lead of Lorenz Chwaszcza of Elisabeth Falterer (all Corporate / M&A), Florian Merkle (Tax), André Braig and Leonie Madlener (both Labour Law).