CORVEL has advised Kamera Express Groep BV (Kamera Express) on the acquisition of FOTO-GREGOR GmbH (Foto-Gregor).
Kamera Express, Capelle aan den IJssel (Netherlands), is Europe's largest photo and video specialist and the leading provider in Belgium and the Netherlands. The company employs over 450 people and offers a portfolio of more than 42,000 products. Kamera Express is active both online and offline and was already represented in Germany with branches in Frankfurt and Hannover before the acquisition of Foto-Gregor.
Foto-Gregor was founded in Cologne in 1974. In addition to Foto-Gregor, the company is also known for its subsidiaries and brand names Foto Wiesenhavern and Foto Haas. The Foto-Gregor Group operates 8 stores in Germany with around 100 employees.
With the acquisition of Foto-Gregor, Kamera Express expands its store network to 34 stores in Europe and now has near nationwide coverage in Germany.
Advisors Kamera Express
CORVEL: Dr. Philipp Jacobi, Dr. Felix Brammer, Tobias Brandenburg (all Corporate/M&A)
SCHRAMM MEYER KUHNKE: Dr. Matthias Lodemann (Employment Law)
BLOMSTEIN: Dr. Max Klasse, Marie-Luise Heuer (Antitrust Law)
Hamburg, 14 October 2021