P+P advises DPE on the acquisition of Euro-Druck Service GmbH
Funds of the private equity investor DPE German Private Equity (DPE) acquired Euro-Druck Service GmbH, one of the leading printing service providers in Central and Eastern Europe. The seller consisted of a consortium of three previous shareholders. The transaction is still subject to the approval of the relevant supervisory authorities.
Euro-Druck Service GmbH (EDS) was founded in 1992 and is based in Passau, Bavaria. The company recently generated a turnover of EUR 275 million and employs approximately 1,500 people in five countries. EDS is currently the market leader in the Czech Republic, Hungary and Romania. With DPE as a new partner, EDS intends to further expand its services in Central and Eastern Europe and make a significant contribution to the consolidation process of the European retail print industry.
DPE is an independent German investment company that invests in medium-sized companies in Germany, Austria and Switzerland. Founded in Munich in 2007, DPE has since launched three funds.
P+P Pöllath + Partners provided tax advice to DPE with regard to the transaction structure as well as legal advice with regard to the management participation with the following Munich based team:
- Dr. Michael Best (partner, tax)
- Otto Haberstock (partner, management participation)
- Gerald Herrmann (counsel, tax)
- Dr. Anna Schiefelbein (associate, tax)
