Lactalis’ Acquisition of OMIRA Oberland-Milchverwertung GmbH

Heuking Kühn Lüer Wojtek’s Stuttgart office advised the supervisory board and some 2,400 direct and indirect shareholders of OMIRA Oberland-Milchverwertung GmbH, including six cooperatives, on the acquisition by Lactalis.

With the takeover, OMIRA enhances its prospects for the future and obtained a 10-year milk price guarantee for all milk producers.

In the six general meetings of the cooperatives and OMIRA’s shareholders’ meeting held on June 22, 2017, the OMIRA shareholders voted for the takeover by Lactalis Group by an overwhelming majority.

OMIRA Oberland-Milchverwertung GmbH converts milk into a wide range of milk products and into intermediate products for the food and confectionery industry. It employes about 650 people at its two sites in Ravensburg and Neuburg an der Donau.

Lactalis Group is a producer of dairy products with some 75,000 employees and has 236 production sites in 43 countries. It has sales offices in 76 countries.

Heuking Kühn Lüer Wojtek advised OMIRA Oberland-Milchverwertung GmbH with a team including Rainer Herschlein (Picture), Benedikt Raisch (M&A), Christian Strasser (Cooperatives Law), Stefan Bretthauer (Antitrust), Juliane Reichelt and Karen Ishola (Real Estate).

Involved fees earner: Rainer Herschlein – Heuking Kühn Lüer Wojtek; Benedikt Raisch – Heuking Kühn Lüer Wojtek; Christian Strasser – Heuking Kühn Lüer Wojtek; Stefan Bretthauer – Heuking Kühn Lüer Wojtek; Juliane Reichelt – Heuking Kühn Lüer Wojtek; Karen Ishola – Heuking Kühn Lüer Wojtek;

Law Firms: Heuking Kühn Lüer Wojtek;

Clients: OMIRA Oberland-Milchverwertung GmbH;