Flick Gocke Schaumburg advises REWE on the acquisition of 40 Tegut supermarkets

Flick Gocke Schaumburg has advised REWE Group on the planned takeover of up to 40 stores of the supermarket chain Tegut from the Migros Zurich cooperative. The majority of the stores will be integrated into REWE’s sales network, while the remaining locations will be operated by PENNY.

The transaction is subject to approval by the Federal Cartel Office.

The advice covered the antitrust law aspects of the corporate purchase agreement and includes the forthcoming proceedings before the Federal Cartel Office.

Advisors to the REWE Group: Flick Gocke Schaumburg

Dr. Florian C. Haus; associate: Dr. Anna-Lena Weusthof (both antitrust law)

Dr. Florian C. Haus previously advised REWE Group in 2023 on the takeover of 15 real stores and in 2022 on establishing a cooperation agreement with real GmbH and conducting proceedings before the Federal Cartel Office. <<<