Alfred Ritter GmbH & Co. KG acquires production site in Austria with Menold Bezler
Together with Austrian law firm Cerha Hempel Rechtsanwälte, Menold Bezler advised Alfred Ritter GmbH & Co. KG on the takeover of the production site of Mars Austria OG in Breitenbrunn, Austria, as per January 1st 2021. As part of an Asset Deal, Ritter will also acquire the Amicelli®, Fanfare® and Banjo® brands.
Founded in 1912, Alfred Ritter GmbH & Co. KG is a family-owned company headquartered in Waldenbuch. The company employs around 1,600 employees and in 2019 achieved turnover of 480 million Euros. In addition to various Ritter Sport brand products, from the coming year, Ritter will also manufacture the filled wafer rolls for the Amicelli brand at the chocolate factory in Breitenbrunn. This strategic expansion will allow the chocolate producer to further differentiate its portfolio of products.
Menold Bezler provided comprehensive advice to Alfred Ritter GmbH & Co. KG on all legal, financial and tax issues involved in the transaction. This interdisciplinary approach is the result of the fusion with BHP at the beginning of the year. Now, the firm can provide legal, tax and auditing advice from a single source. Ritter is a longstanding client of Menold Bezler in corporate law matters.