Private equity funds advised by Steadfast Capital have sold their majority shareholding in Dahlewitzer Landbäckerei GmbH – the holding company of Dahlback – to Deutsche Beteiligungs AG, a German private equity investor. With 357 bakery outlets and 2,300 employees, Dahlback is one of the largest bakery chains in Germany. The transaction is subject to approval by the German Federal Cartel Office.

Steadfast Capital is an independent private equity business focusing on medium-sized companies within German-speaking Europe and the Benelux countries. Funds advised by Steadfast Capital invest in non-public companies, hereby providing financial solutions for succession issues and spin-offs from larger groups as well as capital for growth opportunities.

King & Wood Mallesons SJ Berwin’s team for Steadfast Capital:

Private Equity / M&A:
Dr. Julian Lemor (lead partner), Birgit Hübscher-Alt (partner), Marc Oliver Stock (associate)  – Frankfurt

IP/IT-Commercial:
Manuela Finger (partner), Dr. Miriam Siegle (associate) – Frankfurt

Dr. Julian Lemor’s team regularly advises Steadfast Capital and its portfolio companies, originally in connection with the acquisition of Dahlewitzer Landbäckerei GmbH as well as the add-on acquisition of Unser Heimatbäcker GmbH. Most recently, Dr. Julian Lemor and the team advised Steadfast Capital on the acquisition of AVS Group.