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9 April 20242 minute read

DLA Piper advises Nooteboom Textiles, a Bencis portfolio company, on acquisition of Hemmers Itex

DLA Piper has advised Nooteboom Textiles, a portfolio company of international private equity fund Bencis Capital Partners, on the acquisition of Hemmers Itex Textil Import Export GmbH. The seller is the textile company Leeds Group plc, based in West Yorkshire, England.

Nooteboom is a leading European finished fabrics wholesaler specialised in women and children’s fabrics for home sewing and small tailors as well as home-decoration. It offers standard collections, seasonal series and custom series through a multi-channel sales approach to more than 5,000 B2B-customers in over 50 countries. Hemmers Itex offers a complete service for the purchase and production of fabrics. The company, based in Nordhorn, Germany, is a pan-European supplier to wholesalers, retailers and renowned ready-to-wear manufacturers.

The DLA Piper team was led by partner Sebastian Decker and senior associate Sophie von Mandelsloh with associate Jan Mensching in the core team (all Corporate/M&A, Hamburg).

Additionally, partners Jochem Beurskens (Corporate/M&A, Amsterdam), Semin O (Antitrust), Dr Wolfram Distler (Finance), Florian Bruder (Restructuring), Dr Burkhard Führmeyer (IP), Dr Florian Biesalski (Real Estate, all Frankfurt), Dr Henriette Norda (Employment), Verena Grentzenberg (Data Protection; both Hamburg), Dr Thilo von Bodungen (Commercial, Munich), counsel Sonja Beier (Real Estate), senior associates Emel Toulay-Ayhan (Finance), Eike Bodo Matthes (IP, all Frankfurt), Dr Holger Kastler (IT, Munich), David Schele (Data Protection), Robert Fischer-Sonnberg (Corporate/M&A, both Hamburg), associates Caroline Huber (Antitrust), Ilgin Ayhan (Finance), Christian Cervellino (Real Estate), Manuel Schreck, Ji-Min Marina Lee (both Restructuring, all Frankfurt), Hannah Modi (Employment), Philipp Schmechel (Data Protection), Dr Betina Fischer (Commercial, all Hamburg), legal director Nine Scheenjes (Finance), legal director and candidate civil-law notary Pabe Suurd (Corporate) and associate Rick Minjon (Finance, all Amsterdam) were involved.