NEWS27 May 2009

MBO at Produkt + Markt as founder leaves

Europe M&A

GERMANY— Research agency Produkt + Markt has been bought out by seven members of its management, following the departure of co-founder Paul Pottebaum after more than 35 years.

Managing partners Michael Albers, Heiner Junker and Joachim Scholz-Ligma have increased their stakes in the firm, and are joined by managing director Karl-Georg Herbert and directors Dirk Aderhold, Katja Bergmann and Axel Schomborg.

The partners said they were delighted to welcome the new investors and that the agency was “well positioned for the future”. The firm, based in Wallenhorst in north-west Germany, employees 100 people.