CVC to Acquire Majority Stake in The Quality Group

May 23, 2022

Willkie advised CVC on the transaction.

On May 19, Willkie client CVC Capital Partners VIII agreed to acquire a majority stake in The Quality Group (TQG), a leading manufacturer of innovative sports performance nutrition products and healthy, low-sugar food alternatives in the Germany, Austria and Switzerland (DACH) region.

As part of the transaction, all previous shareholders of TQG will reinvest as minority shareholders. Company founders Benjamin Burkhardt and Christian Wolf will continue to play key roles in the operational development of TQG.

The investment is expected to help TQG grow by scaling its logistics activities and improving the customer experience, as well as expanding the product portfolio, in both the DACH region and internationally.

CVC is a leading private equity and investment advisory firm with a network of 25 offices throughout Europe, Asia and the U.S. and approximately €123 billion of assets under management.

The Willkie team was led by partners Georg Linde and Dr. Matthias Schudlo and included partners Patrick Meiisel, Sebastian FitzGerald, Dr. Jasmin Dettmar; counsel Timothy Sawyer; and associates Philipp Oehlerking, Sebastian Brenner and Xianrui Wang.