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

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: Dr. Stefan Galla, Dr. Cédric Müller (both lead), Dr. Philipp Honisch, Dr. Pascal Heßeling, Dr. Carolina Gabriel

Luther, Employment law, Essen: Paul Schreiner, Klaus Thönißen, Nina Stephan

Luther, Banking, Finance & Capital Markets, Frankfurt: Christoph Schauenburg, Stefan Jokel

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