Hengeler Mueller advises Bregal Capital on acquisition of LR Group

28. December 2012

A consortium formed by the London-based private equity firm Bregal Capital and Frankfurt-based investment firm Quadriga Capital has entered into an agreement on the acquisition of LR Health & Beauty Systems Group from funds advised by Apax Partners Group. The parties agreed not to disclose the purchase price. This transaction is still subject to approval by the relevant antitrust authorities.

LR Health & Beauty Systems is one of Germany’s leading multi-level marketing enterprises for body care and beauty products. The group is represented in 30 countries and with approximately 1,000 employees and around 300,000 independent sales partners, LR is one of the leading players in the industry in Europe.

Hengeler Mueller advises Bregal Capital on this transaction. The Hengeler Mueller team includes partners Emanuel P. Strehle, Daniel Wiegand (both M&A, Munich), Heinrich Knepper (Financing, Frankfurt), Christian Hoefs (Labour, Frankfurt) and Alf-Henrik Bischke (Antitrust, Düsseldorf), counsels Attila Oldag (M&A, Munich) and Katharina Wodarz (Health Care, Berlin) as well as senior associates Susan Kempe-Müller (Frankfurt), Sebastian Brack (Berlin) and associates Thomas Krawitz, Verena Nosch, Anna Schulz (all Munich).