Igepa

Igepa shareholders acquire German wholesaler Freytag & Petersen

IGEPA shareholder companies, through joint subsidiary IGEPA Grosshandel Beteiligungs GmbH, are acquiring 100% of German packaging and print-media wholesaler Freytag & Petersen from sole shareholder Prof. Dr. Heinrich Hugo Best. Freytag & Petersen's stakes in other IGEPA companies pass to the four remaining shareholder firms, and the two wholesalers will be gradually integrated over the coming weeks and months.

Why this mattersConsolidates ownership among IGEPA's regional wholesale partners, simplifying the fragmented shareholder structure in German packaging and print-media distribution.

• Prof. Dr. Heinrich Hugo Best transfers 100% of his Freytag & Petersen shares to IGEPA Grosshandel Beteiligungs GmbH.
• Freytag & Petersen's existing stakes in other IGEPA companies pass to four remaining shareholder firms: 2H GmbH & Co. KG, vph GmbH & Co. KG, E. Michaelis & Co. Holding (GmbH & Co.) KG and Geiger GmbH & Co. KG.
• Freytag & Petersen GmbH & Co. KG and Igepa Grosshandel GmbH & Co. KG will be gradually integrated over coming weeks and months.
• The combined business will be led by existing managing directors Ralf Hollmann, Sven Kaufmann and Dr. Ingo Osterheld.
• No deal value was disclosed.

Relevant to you? Yes No