22 Oct 2025

"COMMEO Advises on Antitrust Aspects of CLOSEDGroup Sale to Capital-Home GmbH Amid Insolvency Proceedings"

"In October 2025, Frankfurt-based law firm COMMEO successfully advised on antitrust matters during the investor search and sale of CLOSEDGroup to capital-Home GmbH (Marc O’Polo), which was undergoing insolvency. The process was completed swiftly, aided by merger clearance from the German Federal Cartel Office. Various international financial and strategic bidders showed interest, and COMMEO managed the complex antitrust issues involved. Other advisors included BRLBOEGE ROHDE LUEBBEHUESEN for insolvency and M&A, and Dr. Wieselhuber & Partner GmbH for M&A advisory."

In the recent transaction involving the sale of the CLOSED Group to capital-Home GmbH (Marc O’Polo), several law firms played key roles. The Frankfurt-based competition law firm COMMEO advised on antitrust aspects, while BRLBOEGE ROHDE LUEBBEHUESEN provided guidance on insolvency and M&A matters. Dr. Wieselhuber & Partner GmbH acted as the M&A advisor. The transaction was completed within a few weeks amidst the CLOSED Group's insolvency proceedings. The successful investor process was facilitated by merger clearance from the German Federal Cartel Office (Bundeskartellamt), allowing for a swift acquisition. The lawyers involved in this transaction included Dr. Johanna Kübler, who served as the lead partner at COMMEO, and associate Constanze Ely, both specializing in competition law. Stefan Denkhaus acted as the provisional insolvency administrator, while the team at BRLBOEGE ROHDE LUEBBEHUESEN provided expertise in insolvency and M&A matters. The M&A advisory role was fulfilled by Dr. Wieselhuber & Partner GmbH, although specific lawyers from this firm were not mentioned in the press release.
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