MUNICH – Global law firm Reed Smith has comprehensively advised United Chocolate GmbH, an investment company of DPK Deutsche Privatkapital, on the structuring of the business succession of Argenta Group.
The German private equity investor DPK invests together with European family offices and long-term operating institutional investors in medium-sized enterprises of various industries. The closed transaction is the first step of a planned buy-and-built strategy in the European confectionary products market.
The “Argenta Schokoladenmanufaktur” Weißenfels, was established in 1935 out of the Burgmühlen Schokoladenfabrik Wernigerode, which belonged to the Rudolph Karstadt AG and the Westdeutsche Kaufhof AG. The traditional company has production facilities in Germany and Poland.