Baker Tilly advises Arklyz AG on acquisition of LLOYD Shoes GmbH
- 01/25/2024
- Reading time 2 Minutes
Baker Tilly provides Arklyz AG with business and tax advice on Arklyz AG’s continued global growth course through the acquisition of the premium shoe brand “LLOYD” from ara AG.
The transaction advice included financial and tax due diligence, advice in connection with the purchase price structuring and the tax provisions of the transaction documents as well as specific financing-related aspects. The closing is subject to the usual conditions and antitrust clearance; the parties have agreed not to disclose the purchase price.
In the future, Arklyz will support LLOYD with strategic expertise and resources in order to drive the brand’s growth in the wholesale and omnichannel sectors as well as its internationalization. “We are delighted that we were once again able to demonstrate our network’s tax expertise in an international context and advise Arklyz on this milestone,” says Partner Uwe Roth.
The transaction team led by the Munich partners German CPA/Tax Advisor Frank Stahl (Lead Partner Financial) and Stefan Greger (Financial), and Tax Advisor Uwe Roth (Lead Partner Tax) was completed by Velina Osthaymer (Financial), Tax Advisor Stefan Lehner (Tax) and Tax Advisor Melina Heindl (Tax Due Diligence). The Baker Tilly network’s respective member firms were involved for the tax aspects abroad, and the legal due diligence in Romania was also managed by the local member firm. Munich-based partner Heinrich Thiele (Legal, Financing Law) was responsible for the financing-related aspects.
“We congratulate our client on this next step in their development and would like to thank them for their trusting and constructive cooperation in this transaction,” says Baker Tilly partner Frank Stahl.
General legal advice on the transaction was provided by the Munich-based law and tax consultancy firm TRICON.
Press contact
Carolin Grebner
Manager Marketing & Communications
Phone: +49 89 55066 174 | M: +49 151 15443639
E-mail: carolin.grebner@bakertilly.de