Panarium Group, the Germany based bakery chain, has acquired a majority stake in Backerei Wellmann, the Germany based traditional bakery, from Johannes and Natalie Külkens.
Target – Karl Wellmann Gesellschaft Mit Beschränkter haftung
Buyer – Panarium GmbH
Seller – Johannes Külkens (private investor)
Seller – Natalie Külkens (private investor)