Corvel, Blomstein and Schramm Meyer Kuhnke advised Kamera Express Groep BV on the deal.
Kamera Express, Europe’s leading photo and video specialist, has acquired Foto Gregor and Photo Galerie, leading omni-channel photo and video retailers in Germany and Belgium.
Kamera Express, based in Capelle a/d Ijssel (The Netherlands), is the leading photo and video specialist in the Netherlands and Belgium. Through its own webshops and 21 brick-and-mortar stores, Kamera Express provides consumers with a winning combination of a wide product range and the best service at the lowest prices.
Kamera Express, Capelle aan den IJssel (Netherlands), is Europe’s largest photo and video specialist and the leading provider in Belgium and the Netherlands. The company employs over 450 people and offers a portfolio of more than 42,000 products. Kamera Express is active both online and offline and was already represented in Germany with branches in Frankfurt and Hannover before the acquisition of Foto-Gregor.
Foto-Gregor was founded in Cologne in 1974. In addition to Foto-Gregor, the company is also known for its subsidiaries and brand names Foto Wiesenhavern and Foto Haas. The Foto-Gregor Group operates 8 stores in Germany with around 100 employees.
With the acquisition of Foto-Gregor, Kamera Express expands its store network to 34 stores in Europe and now has near nationwide coverage in Germany.
The Corvel team included Dr. Philipp Jacobi (Picture), Dr. Felix Brammer, Tobias Brandenburg (all Corporate/M&A).
The Blomstein team included Dr. Max Klasse, Marie-Luise Heuer (Antitrust Law).
The Schramm Meyer Kuhnke team was led by Dr. Matthias Lodemann (Employment Law).
Involved fees earner: Max Klasse – Blomstein; Marie-Luise Heuer – Blomstein; Felix Brammer – Corvel LLP; Tobias Brandenburg – Corvel LLP; Philipp Jacobi – Corvel LLP; Matthias Lodemann – Schramm Meyer Kuhnke;
Clients: Kamera Express Rotterdam B.V. ;