July 12, 2018 Press

SMP advises nu3 shareholders on takeover by Shop Apotheke

Berlin - Schnittker Möllmann Partners (SMP) has advised the shareholders in nu3 GmbH on the sale of all shares to Shop Apotheke. The consideration for the acquisition of the online platform for nutrition products was 54,470 shares in exchange-listed shop Apotheke Europe N.V. and an additional cash payment. The founders of nu3 GmbH will remain in their current function. Together with Jahr Group, they will also become shareholders in Shop Apotheke Europe N.V. in the course of this transaction.

nu3 GmbH was founded in 2011 by Robert Sünderhauf, Kassian Ortner and Felix Kaiser. The company spe-cializes in the development and sale of functional nutrition products and superfoods. It employs around 100 people and generated sales of around 30 million euros in the financial year 2017. Since its formation, nu3 GmbH and its shareholders have been comprehensively advised by SMP lawyers, in particular in connection with all financing rounds.

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