Clearwater International has advised Klöpfer & Königer Management GmbH (Klöpfer & Königer), a major timber trading company in Germany, on the sale of its business division Klöpferholz GmbH & Co. KG (Klöpferholz) including the operational real estate to existing shareholders Hermann and Florian Wendelstadt. The brothers are descendants of the fifth generation of Johann Christian Kloepfer who founded the business 150 years ago.
Klöpferholz comprises of two business divisions: wholesale and competence centres. The wholesale business concentrates on the sale and supply of timber and timber-related products to B2B customers. As a full-range supplier Klöpferholz offers sawn timber, semi-finished wood products and ready-to-assemble products as well as accessories. The competence centre division complements the wholesale business and specialises in individual products, customer groups or services in the timber trade. Headquartered in Garching, near Munich, Klöpferholz operates 27 locations in Germany, including ten warehouses and employs more than 700 people.
The acquisition by Hermann and Florian Wendelstadt creates an ownership with a clear, long-term commitment. The brothers will continuously support the expansion of Klöpferholz’s market leadership position, and the completion of its ongoing restructuring programme with a focus on procurement and logistics efficiency. Hermann and Florian Wendelstadt have a proven track record as successful and modern company leaders and will contribute their know-how and entrepreneurial experience to lead Klöpferholz into a successful future.
„In the context of the further strategic orientation of Klöpferholz, the shareholders decided to examine various options regarding the restructuring of the company’s ownership. The support of such an experienced and highly professional team like Clearwater International was of utmost importance for us. Together with legal advisors, Hogan Lovells, they found the perfect solution for the shareholders and the company alike.“ – Manfred Meyer, Managing Director, Klöpfer & Königer Management GmbH
„It has been a pleasure supporting the shareholders of Klöpferholz through an exciting and successful process. We would like to thank the management team and shareholders for their confidence in us identifying a new ownership structure. The brand Klöpferholz enjoys a high profile and reputation, and we are eager to continuously follow its development with Hermann and Florian Wendelstadt as new owners.“ – Markus Otto, Managing Partner, Clearwater International