TDR Capital’s Acquisition of NKD Group

Sidley advised OpCapita on the sale

TDR Capital acquired 100 percent of NKD Group.

The transaction is subject to the customary antitrust approval.

Established in 1962, NKD Group is among the leading ‘value retailers’ and local suppliers to the textiles retail trade in Central Europe. Textile discounter NKD offers a wide range of seasonal fashions, home textiles, and home accessories in its almost 1,800 stores. NKD employs some 8,000 people (6,350 of them in Germany) and generated sales to the tune of 700 million Euros in 2018.

The Sidley team in Munich was led by Private Equity/M&A partners Dr. Christian Zuleger (Picture) and Nicole Janssen, with support from partners Dr. Markus Feil (Finance) and Dr. Roderic Pagel (Tax). Additional team members included associates Thomas Komanek, Katalin Siklosi, Patrick Heinrichs and Dr. Maximilian Schröter (Private Equity/M&A), Maximilian Mayer and Dr. Peter Gseller (Finance) and Jörg Fischer (Tax).

Involved fees earner: Markus Feil – Sidley Austin LLP; Jörg Fischer – Sidley Austin LLP; Peter Gseller – Sidley Austin LLP; Patrick Heinrichs – Sidley Austin LLP; Nicole Janssen – Sidley Austin LLP; Thomas Komanek – Sidley Austin LLP; Maximilian Mayer – Sidley Austin LLP; Roderic Pagel – Sidley Austin LLP; Maximilian Schröter – Sidley Austin LLP; Katalin Siklosi – Sidley Austin LLP; Christian Zuleger – Sidley Austin LLP;

Law Firms: Sidley Austin LLP;

Clients: OpCapita ;

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