01.03.2019

Reorganisation of the nursing market: Luther advises Alloheim on group restructuring and establishment of SE & Co. KG Structure

Over the past two years, the Alloheim Group, Germany's second-largest nursing home operator, has undergone a comprehensive restructuring of the Group structure. A team from Luther Lawfirm led the restructuring.

Background

With 17,500 employees, 196 nursing homes, 72 facilities with assisted living and 25 outpatient nursing services, the Alloheim Group is the second largest nursing home operator in Germany. Over the past few years, the Alloheim Group has grown strongly through various add-on acquisitions.

Due to the strong growth and historically developed structures, intermediate holding companies and various subgroups with numerous legal entities had established themselves. As part of the comprehensive reorganization, the Group structure was streamlined by merging numerous companies from the areas of operative home operation, service, outpatient services etc. into partnerships and eliminating existing intermediate holding companies. The new lean structure creates the basis for continuing to be able to react flexibly to the requirements of a constantly changing German nursing market.

The restructuring took more than two years and included more than 60 transformation measures (change of legal form, demergers and mergers). One of the challenges was the monitoring and dovetailing of the numerous transformation measures as well as the close coordination with the competent register courts. 

The two partners Dr. Stefan Galla (Head of Corporate/M&A) and Dr. Cédric Müller (Head of Restructuring Consulting) were in charge of the project. The restructuring was accompanied by EY for tax purposes.

For Alloheim:
Luther, Corporate / M&A, Essen: <link https: www.luther-lawfirm.com en people adviser dr-stefan-galla.html external-link-new-window>Dr. Stefan Galla, <link https: www.luther-lawfirm.com en people adviser dr-cedric-mueller-llm-bristol.html external-link-new-window>Dr. Cédric Müller (both lead), <link https: www.luther-lawfirm.com en people adviser dr-philipp-honisch.html external-link-new-window>Dr. Philipp Honisch, <link https: www.luther-lawfirm.com en people adviser dr-pascal-hesseling.html external-link-new-window>Dr. Pascal Heßeling, <link https: www.luther-lawfirm.com en people adviser dr-carolina-gabriel.html external-link-new-window>Dr. Carolina Gabriel

Luther, Employment law, Essen: <link https: www.luther-lawfirm.com en people adviser paul-schreiner.html external-link-new-window>Paul Schreiner, <link https: www.luther-lawfirm.com en people adviser klaus-thoenissen-llm-san-francisco.html external-link-new-window>Klaus Thönißen, <link https: www.luther-lawfirm.com en people adviser nina-stephan.html external-link-new-window>Nina Stephan

Luther, Banking, Finance & Capital Markets, Frankfurt: <link https: www.luther-lawfirm.com en people adviser christoph-schauenburg-llm-london.html external-link-new-window>Christoph Schauenburg, <link https: www.luther-lawfirm.com en people adviser stefan-jokel.html external-link-new-window>Stefan Jokel

EY, Köln: Markus Schümmer, Christoph Vogel, Christopher Jennewein

Author
Dr Stefan Galla

Dr Stefan Galla
Partner
Essen
stefan.galla@luther-lawfirm.com
+49 201 9220 24016

Dr Cédric Müller, LL.M. (Bristol)

Dr Cédric Müller, LL.M. (Bristol)
Partner
Essen
cedric.mueller@luther-lawfirm.com
+49 201 9220 24879

Christoph Schauenburg, LL.M. (London)

Christoph Schauenburg, LL.M. (London)
Partner
Frankfurt a.M.
christoph.schauenburg@luther-lawfirm.com
+49 69 27229 24675

Paul Schreiner

Paul Schreiner
Partner
Cologne
Paul.Schreiner@luther-lawfirm.com
+49 221 9937 11691

Klaus Thönißen, LL.M. (San Francisco)

Klaus Thönißen, LL.M. (San Francisco)
Partner
Essen
klaus.thoenissen@luther-lawfirm.com
+49 201 9220 24659

Dr Philipp Honisch

Dr Philipp Honisch
Counsel
Essen
philipp.honisch@luther-lawfirm.com
+49 201 9220 24735

Nina Stephan

Nina Stephan
Counsel
Essen
nina.stephan@luther-lawfirm.com
+49 201 9220 24758

Dr Carolina Gabriel

Dr Carolina Gabriel
Of Counsel
Essen
carolina.gabriel@luther-lawfirm.com
+49 201 9220 24637

Stefan Jokel

Stefan Jokel
Senior Associate
Frankfurt a.M.
stefan.jokel@luther-lawfirm.com
+49 69 27229 24895