EGE Group’s Acquisition of Reckendrees Bauelemente GmbH

Poellath advised Reckendrees Bauelemente GmbH on the deal.

The EGE Group (“EGE”), specializing in the production of high-quality windows and doors, has acquired Reckendrees Bauelemente GmbH (“Reckendrees”), a manufacturer of window and door systems made of plastic and aluminum.

As part of the EGE Group, in the future Reckendrees will operate as an independent company within the Group, as well as operating in the market as supplier of a full range of products. 

Reckendrees Bauelemente GmbH, founded in 1978 by Heinrich Reckendrees and based in Verl (North Rhine-Westphalia), is a manufacturer of plastic and aluminum window and door systems. The company employs around 100 people at its site between Bielefeld and Gütersloh. Every year, around 80,000 window units and more than 2,500 high-quality entrance door systems are manufactured on two production lines, delivered and professionally installed by trained specialist partners.

The EGE Group employs around 400 people at three locations in Germany. With the acquisition of Reckendrees, the Group will have approx. 800 employees and generate annual sales of more than EUR 150 million at 5 domestic and 2 foreign production sites and the project companies.

The Poellath team included Dr. Frank Thiäner (partner, lead, M&A/private equity, Munich) and Dr. Jesko von Mirbach (senior associate, M&A/private equity, Berlin).

Involved fees earner: Frank Thiäner – P+P Pöllath + Partners; Jesko von Mirbach – P+P Pöllath + Partners;

Law Firms: P+P Pöllath + Partners;

Clients: Reckendrees Bauelemente GmbH;

Federica Tiefenthaler

Author: Federica Tiefenthaler