BBH successfully supports a regulated business succession: Peter Gross Group acquires Herzog Group

With the support of BBH, Peter Gross Group, St. Ingbert, acquires the Herzog Group, a medium-sized construction company with approximately 300 employees and an annual turnover of over €60 million. Peter Gross Group employs around 2,400 employees and achieves sales revenues of roughly €600 million.

Regulated business succession in small and medium-sized companies remains a challenge. In many cases, continuing a family business within a family is not possible or reasonable. The owner of the Herzog Group was also faced with this challenge. Peter Gross Group has now taken over the business. Peter Gross Group is an association of companies that specialises in all areas of the construction world.

“With the acquisition of the company by Peter Gross Group, we have successfully managed to place it in competent hands,” says BBH partner and lawyer Wolfram von Blumenthal, who accompanied the transaction for the seller and served as a chair of the group’s supervisory board for several years. “When selling medium-sized family businesses, it is particularly important that the corporate cultures are compatible. This is especially true for the Herzog Group, founded in 1889, and the Peter Gross Group, established in 1885.”

M&A: Wolfram von Blumenthal, Philipp Bacher
Taxes: Sophia von Hake
Antitrust law: Anja Straßer

Becker Büttner Held is a leading provider of advisory services for energy and infrastructure companies and their customers. Energy and supply companies, particularly public utilities, municipalities and local authorities, industrial companies and international groups are among its core clients. BBH advises these and many other companies and organisations in all legal matters and also assists them with business and strategic advice.


Prof. Dr. Ines Zenke
Rechtsanwältin/Lawyer, Partner
Phone +49 (0)30 611 28 40 - 179

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