Lincoln International advises HANNOVER Finanz Group and the management on the sale of De Mäkelbörger Backwaren GmbH (Neubrandenburg) to NORD Holding

Frankfurt, May 2009 - De Mäkelbörger Backwaren GmbH ("De Mäkelbörger") is one of the largest craft bakery chains in Northeast Germany operating more than 120 own shops. In 2008, the company employed about 1,200 people and generated sales of some EUR 50m. Management expects to realise an average growth rate of some 10% over the period from 2007 to 2011. In its four craft bakeries, two of them located in Wustermark close to Berlin and the other two in Neubrandenburg und Greifswald, De Mäkelbörger produces fresh and frozen rolls, bread and speciality cakes. Since July 2008, the company also produces organic bakery products (rolls, bread, cake) which are sold as fresh and frozen products.

After a long and successful collaboration and in order to accompany the next growth phase, HANNOVER Finanz Group, a Hannover, Germany based private equity fund focussing on mid-market companies sells De Mäkelbörger to NORD Holding Unternehmens- beteiligungsgesellschaft mbH, also based in Hannover.

"With Lincoln as M&A advisor we had a partner who was able to generate sufficient competition in difficult market circumstances in order to achieve an interesting purchase price so that we could successfully finalise our long-term investment", sais Ulrich Mogwitz, project leader responsible for this investment at HANNOVER Finanz.

With this transaction, Lincoln closes deal number nine in Germany this year.

Please contact Dirk Langenbach, Managing Director, at
+49 / 69 / 97105-420 for more information on this transaction.

About Lincoln International

Lincoln International specializes in merger and acquisition services, debt advisory services, UK pension advisory services and providing fairness opinions and valuations for leading organizations involved in mid-market transactions. With offices in Chicago, Frankfurt, London, Los Angeles, Madrid, New York, Paris, Tokyo and Vienna, and strategic partnerships with China Everbright in China and ICICI Securities, Inc. in India, Lincoln International has strong local knowledge and contacts in the key global economies. The organization provides clients with senior-level attention, in-depth industry expertise and integrated resources. By being focused and independent, Lincoln International serves its clients without conflicts of interest. More information about Lincoln International can be obtained at www.lincolninternational.com

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