Deleplanque & Compagnie SA and SUET Saat- und Erntetechnik GmbH’s Acquisition of Strube group


Heuking Kühn Lüer Wojtek advised Deleplanque & Compagnie SA on the deal

Deleplanque & Compagnie SA (Maisons-Laffitte, France) and SUET Saat- und Erntetechnik GmbH (Eschwege, Germany) acquired 60% (Deleplanque) and 40% (SUET) respectively of German Strube group. The acquisition was in part effected by taking over the main assets (transferring restructuring) as part of the ongoing self-management of the assets of Strube GmbH & Co. KG and in part through the acquisition of the other major companies of Strube group from a trust company.

Strube is internationally recognized for its expertise in plant breeding and processing of sugar beet, wheat, sunflower, and vegetable seeds (peas and sweet corn). With 15 branches and local trading partners, Strube currently markets more than 250 varieties in 35 countries. Crevenue amounted to about EUR 113 million in 2017. The company employs approximately 350 people.

Deleplanque is an independent French seed company, which employs 50 people and generates revenue of some EUR 50 million. The majority of the company’s capital is held by the Deleplanque family and its employees, as well as by Unigrains, a specialist investor in the agricultural and food sectors.

SUET Saat- und Erntetechnik GmbH is a medium-sized, independent family business that has been processing high-quality seeds of all kinds on behalf of many breeders for 70 years. The company employs 150 people and generates revenue of some EUR 30 million.

Heuking Kühn Lüer Wojtek advised Deleplanque & Compagnie SA. with Stephan Degen (Picture), Georg Streit, Fabian Bürk, Kai Uwe Büchler, Leopold Spettel, (Restructuring), Reinhard Siegert, Ruth Schneider (Antitrust and Distribution), Ulrich Jork, Helge-Torsten Wöhlert (M&A), Astrid Wellhöner, Philip Wenninger (Employment), Steffen Wilberg (Real Estate), Markus Rabe (Insurance), Christian Strasser (Litigation), Fabian Gerstner (Public Law), Katharina Prasuhn (M&A), Fabian G. Gaffron (Tax), David Loszynski, Johan Schneider (Restructuring), Johan-Michel Menke (Employment), Kai Erhardt (Finance), Dominik Eickemeier and Astrid Luedtke (IP).

Involved fees earner: Stephan Degen – Heuking Kühn Lüer Wojtek; Georg Streit – Heuking Kühn Lüer Wojtek; Fabian Bürk – Heuking Kühn Lüer Wojtek; Kai Uwe Büchler – Heuking Kühn Lüer Wojtek; Leopold Spettel – Heuking Kühn Lüer Wojtek; David Loszynski – Heuking Kühn Lüer Wojtek; Johan Schneider – Heuking Kühn Lüer Wojtek; Reinhard Siegert – Heuking Kühn Lüer Wojtek; Ruth Schneider – Heuking Kühn Lüer Wojtek; Ulrich Jork – Heuking Kühn Lüer Wojtek; Helge-Torsten Wöhlert – Heuking Kühn Lüer Wojtek; Katharina Prasuhn – Heuking Kühn Lüer Wojtek; Astrid Wellhöner – Heuking Kühn Lüer Wojtek; Philip Wenninger – Heuking Kühn Lüer Wojtek; Johan-Michel Menke – Heuking Kühn Lüer Wojtek; Steffen Wilberg – Heuking Kühn Lüer Wojtek; Markus Rabe – Heuking Kühn Lüer Wojtek; Kai Erhardt – Heuking Kühn Lüer Wojtek; Christian Strasser – Heuking Kühn Lüer Wojtek; Fabian Gerstner – Heuking Kühn Lüer Wojtek; Dominik Eickemeier – Heuking Kühn Lüer Wojtek; Astrid Luedtke – Heuking Kühn Lüer Wojtek; Fabian Gaffron – Heuking Kühn Lüer Wojtek;

Law Firms: Heuking Kühn Lüer Wojtek;

Clients: Deleplanque & Compagnie SA;