Reference transaction
Advisor to Hakle GmbH
on its IP transaction to Sofidel S.p.A.
Hakle GmbH, based in Düsseldorf-Reisholz, Germany, was founded in 1928 and is a leading manufacturer of branded sanitary paper products. In September 2022, the tradition-rich manufacturer filed for insolvency proceedings in self-administration due to exorbitant increases in electricity and gas costs.
Sofidel S.p.A., founded in 1966 and headquartered in Porcari, Italy, is one of the world's leading manufacturers of paper for hygiene and household applications. The multinational family-owned company employs more than 6,000 people, has operations in 13 countries and achieved net sales of 2.1 billion euros in 2021
