Munich, April 21, 2024 – The business law firm Gütt Olk Feldhaus has advised the shareholders of the German ARTDECO cosmetic GmbH on the sale of a majority participation to Italian Sodalis Group.
Helmut Baurecht, who founded ARTDECO, and his son Matthias Baurecht will remain shareholders and unchanged in the management of ARTDECO.
The parties agreed to keep the purchase price confidential.
Founded in Munich in 1985, ARTDECO is a family-run business with more than 800 employees. It has become a German market leader with a strong international presence, offering three complementary brands: Artdeco, Make-up Factory and ANNY.
For the Sodalis Group this acquisition is a milestone in their path of international development, reinforcing their position as one of the most important independently-owned European Beauty players.
Legal advisors to ARTDECO Group:
Gütt Olk Feldhaus, Munich: Dr Sebastian Olk (Partner, Corporate/M&A), Thomas Becker, LL.M. (Eur.) (Of Counsel, IP/IT/Data Protection), Isabelle Vrancken (Senior Associate, Corporate/M&A), Tobias Trawinski (Associate, Corporate/M&A), Tobias Bergmeister (Associate, Corporate/M&A)
Blomstein, Berlin: Dr Max Klasse (Partner, Antitrust and State Aid Law)
About Gütt Olk Feldhaus:
Gütt Olk Feldhaus is a leading internationally active law firm based in Munich, Germany. We advise on all aspects of commercial and corporate law. The main areas of our expertise are company law, M&A, private equity and finance. We also handle litigation in these areas.
