Waterland Private Equity ("Waterland") acquires RUF group from NORD Holding. With its two business divisions RUF|Betten and BRUNO, the group is a leading supplier of premium beds in the German market. RUF's and BRUNO’s current managements will remain with the group in their previous functions. The transaction is expected to be completed in the first quarter of 2022, subject to customary antitrust approval.
Hengeler Mueller advised Waterland on the transaction. The team was led by partner Alexander Nolte (M&A, Düsseldorf) and included partners Hendrik Bockenheimer (Employment), Henning Hilke, Nikolaus Vieten (both Financing) (all Frankfurt) and Gunther Wagner (Tax, Munich), counsel Susanne Koch (Public Law), Andrea Schlaffge, Astrid Harmsen (both IP) and Anja Balitzki (Antitrust) (all Düsseldorf) as well as associates Alexander von Bernstorff, Oliver Junk, Johannes Fütterer (all M&A), Sebastian Dworschak (Antitrust) (all Düsseldorf), Pascal Brandt (Financing) and Andreas Kaletsch (Employment, both Frankfurt).