FGvW Advises the Shareholders of Tharuka and RMD in Relation to their Acquisition by Sovendus

The online marketing company Sovendus GmbH has acquired all shares in the online marketing company Tharuka GmbH with registered seat in Freiburg and RMD Regional Marketing Deutschland GmbH with registered seat in Offenburg.
Since 2008, Sovendus GmbH has operated a successful network of over 600 online shops in Germany, UK, France, the Netherlands, Austria, Switzerland and Spain. Sovendus offers many benefits to online shoppers and thereby helps its webstore partners to acquire new customers and generate additional sales (for further information please visit www.sovendus.com).

At the end of the past year, the holding company Bregal Unternehmerkapital acquired a minority share in Sovendus. With the support of its new shareholder, Sovendus has now acquired all shares in Tharuka and RMD.

Tharuka cooperates with more than 160 online shops, numerous online portals, more than 35 magazine publishers and numerous other providers of products and is one of the leading suppliers in the sector of marketing of checkout pages (for further information please visit www.tharuka.de). The joint enterprise now reaches out to 15 million online customers per month, is present in seven European countries and has more than 650 online shops as customers.

The Freiburg office of FGvW advised the shareholders of Tharuka and RMD in relation to this transaction. The following lawyers were involved: Hendrik Thies (lead, corporate), Oliver Wasmeier (corporate), Hans-Georg Riegger (antitrust and competition law), Friederike Schäffler (real estate and construction law).
The buyer Sovendus was advised by Lupp + Partner (Munich): Matthias Lupp, Maia Welters, LL.M (both corporate), Patrick Schwarzbart (commercial).

Contact: Hendrik Thies