Munich family-holding SBKF sells shares in HEV hardware stores to hagebau group

16 Nov 2015 | 09:38 am |

International law firm Pinsent Masons advises family-owned SBKF Beteiligungs GmbH, Munich, in sale of shares in 17 DYI stores in and around Munich to hagebau group.

SBKF Beteiligungs GmbH, together with other shareholders, sold its shares in the established HEV Bau- und Heimwerkermarkt group, based in Munich. Hagebau group succeeded in a competitive process against other strategic and finance investors. The parties agreed not to disclose the value of the transaction. Completion of the transaction is still subject to the approval of the German Federal Cartel Office.

A Pinsent Masons team, lead by partner Eike Fietz, provided extensive advised to SBKF in this complex transaction.

SBKF Beteiligungs GmbH, holding company of a number of Munich entrepreneurs, held 45% interest in HEV Heimwerkermarkt GmbH & Co. KG. HEV is a hagebau franchisee and operates 17 DYI stores under the name of hagebaumarkt in and around Munich. The group employs about 1,400 people. In 2014, it achieved a turnover of more than 200 million Euro.

Latest press releases

Show me all press releases

Pinsent Masons advises KATEK SE on IPO in Germany

Multinational law firm Pinsent Masons advised KATEK SE and Hauck & Aufhäuser Privatbankiers AG on KATEK SE's initial public offering (IPO) on the regulated market (Prime Standard) of the Frankfurt Stock Exchange.

Pinsent Masons advises on pioneering West Midlands Combined Authority 'Help to Own' home ownership scheme

Multinational law firm Pinsent Masons has advised City of Wolverhampton Council, The West Midlands Combined Authority (WMCA) and Frontier Development Capital Ltd (FDC), on the establishment of an innovative housing scheme designed to help people struggling to get on the property ladder, including Covid-19 key workers.

Pinsent Masons enhances Madrid offering with appointment of employment partner Samuel Gonzalez

Multinational law firm Pinsent Masons has widened its offering in Madrid through the appointment of employment partner Samuel Gonzalez, who will develop and lead the employment law team there.

People who viewed this press release also viewed

Show me all press releases

Pinsent Masons advises KATEK SE on IPO in Germany

Multinational law firm Pinsent Masons advised KATEK SE and Hauck & Aufhäuser Privatbankiers AG on KATEK SE's initial public offering (IPO) on the regulated market (Prime Standard) of the Frankfurt Stock Exchange.

Pinsent Masons advises on pioneering West Midlands Combined Authority 'Help to Own' home ownership scheme

Multinational law firm Pinsent Masons has advised City of Wolverhampton Council, The West Midlands Combined Authority (WMCA) and Frontier Development Capital Ltd (FDC), on the establishment of an innovative housing scheme designed to help people struggling to get on the property ladder, including Covid-19 key workers.

Pinsent Masons enhances Madrid offering with appointment of employment partner Samuel Gonzalez

Multinational law firm Pinsent Masons has widened its offering in Madrid through the appointment of employment partner Samuel Gonzalez, who will develop and lead the employment law team there.

For all media enquiries, including arranging an interview with one of our spokespeople, please contact the press office on

+44 (0)20 7418 8199 or 

Location contacts