Allen & Overy LLP has advised J. Bünting Beteiligungs AG, Leer, on the acquisition of Jibi Handel GmbH & Co., Bielefeld.

The acquisition was implemented by way of a share deal covering 100% of the shares. Jibi Handel GmbH & Co. operates approximately 100 supermarkets under the "Jibi" brand in Lower Saxony and North Rhine-Westphalia. The parties agreed not to disclose the purchase price. Completion of the transaction is subject to clearance by the German Federal Cartel Office.

The Allen & Overy team comprised partners Dr. Hans-Christoph Ihrig (corporate, Mannheim) and Dr. Heike Weber (tax, Frankfurt) as well as counsel Dr. Andre Wandt (corporate, Mannheim), senior associate Dr. Katharina Stüber (corporate, Mannheim) and associate Vera Thiemann (antitrust, Hamburg).