Clifford Chance advised GEKA Group on the acquisition of insolvent OEKA Oehlhorn GmbH, Bamberg (Germany), from insolvency administrator Joachim Exner.

GEKA intends to take on the Bamberg site with all employees. The parties have agreed not to disclose the purchase price.

GEKA is planning to integrate OEKA's business units OEKA Beauty and OEKA Med with its own business units GEKA Beauty and GEKA Healthcare, while OEKA Tech shall be transferred to the newly established GEKA company "OEKA Tech Automotive GmbH".

GEKA GmbH have their headquarters in Bechhofen-Waizendorf (Germany) and is a globally leading manufacturer of brushes, applicators and full packaging systems for the cosmetics and pharmaceuticals industries. The company has about 700 members of staff and operates manufacturing and distribution plants in Asia, Europe, the USA and South America. GEKA GmbH is a portfolio company of financial investor 3i Group plc.

Family-owned company OEKA is a supplier for German and international companies in the cosmetics, automotive and medical products industries.

The Clifford Chance team was led by partner Dr. Kerstin Kopp (Corporate) and included partner Dr. Stefan Sax and counsel Harald Amer (both Restructuring & Insolvency), associate Susanne Schuler (Corporate), partner Alexandra Hagelüken with senior associate Matthias Töke (both Banking & Capital Markets), partner Dr. Uwe Schimmelschmidt, senior associate Dr. Benjamin Büttner and associate Florian Schwemmlein (all Tax), associate Manuel Lomb (Real Estate) – all Frankfurt –, partner Thomas Hey (Düsseldorf) with senior associate Dr. Philipp Schäuble (Munich) – both Employment law – as well as partner Marc Besen and senior associate Miriam Kammer (both Antitrust, Düsseldorf).

A team led by Dr. Kerstin Kopp had advised 3i on the takeover of GEKA GmbH at the beginning of 2012.