May 08, 2018 Press

Vorwerk Ventures relies on Schnittker Möllmann Partners for the sale of HelloFresh

Berlin - Schnittker Möllmann Partners (SMP) advised Vorwerk Direct Selling Ventures GmbH on the sale of its HelloFresh share package. As part of the transaction, all Vorwerk shares in the Berlin-based cookbox mail-order company were sold. The shares sold had a total market value of approximately 68 million euros.

Vorwerk Direct Selling Ventures GmbH, an associated company of the Vorwerk Group, received comprehen-sive legal advice from the SMP team led by partner Tim Schlösser. The Vorwerk Group regularly relies on Schnittker Möllmann Partners for its technology investments. As early as 2012, SMP Vorwerk lawyers supported the sale of Tennis-Point to the Signa Group and numerous other investments.