Munich, August 8, 2025 – Gütt Olk Feldhaus has advised Penguin Random House Verlagsgruppe on the acquisition of Cross Cult Entertainment Group.
Penguin Random House Verlagsgruppe acquires Cross Cult Entertainment and expands its portfolio to include comics, manga and manhwa. With the acquisition of Cross Cult Entertainment, Penguin Random House Verlagsgruppe is opening up the graphic literature segment. Cross Cult's existing management team will remain on board and will continue to operate as usual.
Penguin Random House Verlagsgruppe is a leading German-language trade publishing group with offices in Munich, Gütersloh, Berlin and Gerlingen and employs almost 1,000 people.
Cross Cult was founded in 2001 and today publishes mainly comics and manga for young people and adults under the imprints Cross Cult, Manga Cult, Manhwa Cult and CROCU.
The closing of the transaction is still subject to approval by the antitrust authorities.
GOF provided legal advice to Penguin Random House Verlagsgruppe in all phases of the transaction process.
Legal advisors Penguin Random House Verlagsgruppe:
Gütt Olk Feldhaus: Dr Heiner Feldhaus (Partner, Corporate/M&A, Lead), Thomas Becker (Of Counsel, IP/IT/Data protection), Matthias Uelner (Counsel, Corporate/M&A), Tobias Bergmeister (Associate, Corporate/M&A)
Kind & Drews, Düsseldorf: Dr Ernesto Drews (Partner, Tax)
Finkenhof, Frankfurt am Main: Dr Lorenzo Matthaei, Karolina Astner (both partners), Maximilian Stockmann (all Restructuring Law)
Blomstein, Berlin: Dr Max Klasse (Partner), Dr Julia Lotze (both Merger Control)
Pusch Wahlig Workplace Law, Munich: Ingo Sappa (Partner), Dr Miriam Engler (Associate) (both Labour Law)
About Gütt Olk Feldhaus:
Gütt Olk Feldhaus is a leading international law firm based in Munich. We provide comprehensive advice in commercial and corporate law. Our focus is on corporate law, M&A, private equity, and financing. Gütt Olk Feldhaus also provides litigation services in these areas.
