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P+P advised Creathor Venture, KfW & GMPVC on the sale of Danato to Gruner + Jahr
P+P Pöllath + Partners provided comprehensive advice to the investors Creathor Venture, KfW & GMPVC, as well as founder Dr. Jörg Überla, on the sale of Danato GmbH to publishing company Gruner + Jahr. The purchase price was not disclosed.
Dr. Jörg Überla founded Danato in 2011. Danato is one of the leading e-commerce suppliers for gift ideas in the German-speaking area.
P+P Pöllath + Partners advised on various legal aspects, including commercial, antitrust and tax law, with the following team in all locations:
- Tobias Jäger (lead, M&A, Munich)
- Alexander Pupeter (partner, tax, Munich)
- Daniel Wiedmann (counsel, antitrust law, Frankfurt)
- Dr. Tim Junginger (associate, M&A, Munich)
On the buyer's side, CMS (Henrik Drinkuth, Andre Nolting and Nico Brunotte) served as advisors for Gruner + Jahr. Bettina Wulf of the firm Bertelsmann SE & Co. KGaA provided in-house advice.