Rhenser Mineralbrunnen is Germany’s oldest mineral spring. Insolvency was filed by the former owners after an MBO out of the Nestlé Group. In spite of the challenging market situation at that time, we concluded an exclusive acquisition option with the receivership and reviewed various alternatives for an independent continuation of business under an acquisition strategy.
In this context, we managed to get Friedrich and Christian Berentzen on board as partners and shareholders of the acquisition company. In the course of the further process, we sold our majority share to thereby enable Christian and Friedrich Berentzen to make an independent and complete acquisition of the mineral springs.
All jobs could be saved, the mineral springs are now firmly established in the region again and was able to reposition itself financially successfully.
Article: Handelsblatt 2017