Search
Contact
08.11.2023 | Deal Notifications

KPMG Law advises Wide Open Agriculture on the acquisition of assets of Prolupin GmbH

KPMG Law Rechtsanwaltsgesellschaft mbH (KPMG Law) advised Wide Open Agriculture Limited (WOA) on the agreement to acquire the assets of Prolupin GmbH. The agreement provides for the acquisition of part of the food tech company’s business by WOA’s newly founded German subsidiary as part of an asset deal.

Listed Australian company WOA acquires Prolupin’s production facilities, enabling it to immediately establish an operational presence in Europe and become the world’s leading producer of lupin proteins.

Prolupin was founded in 2010 as a spin-off of the Fraunhofer Institute and was one of the global market leaders in the production of lupin protein isolates. The company had to file for insolvency in June 2023. Wide Open Agriculture Limited focuses on regenerative food and agriculture and produces plant-based proteins from lupins.

KPMG Law closely advised WOA with a team led by Düsseldorf partner Maximiliane Prüm on the acquisition of the assets from insolvency, in particular in the areas of corporate, employment and IP law.

Prolupin was advised in its search for investors by Pluta Rechtsanwalts GmbH, which is responsible for insolvency administration with a team led by Michael Bonhoff.

Advisor to Wide Open Agriculture:

KPMG Law Rechtsanwaltsgesellschaft mbH: Maximiliane Prüm (partner, lead), Dr. Cordula Brügmann (manager), Laura Herr (paralegal, all corporate M&A), Gunars Urdze (senior manager, lead insolvency law), Dr. Martin Trayer (partner), Liza Rauter (associate, both employment law), Marie Goffin (manager, IP).

 

Explore #more

25.06.2025 | KPMG Law Insights

Business Travel and Assignment in the USA: What you need to know about US immigration

The recent changes in US immigration rules are causing uncertainty worldwide. In particular, since the new US government took office, processes regarding entry into the…

11.06.2025 | KPMG Law Insights

Omnibus IV brings some simplifications, especially in product law

The EU Commission proposed the fourth omnibus package on May 21, 2025. Omnibus IV contains simplifications in relation to numerous product law requirements and…

02.06.2025 | Deal Notifications

KPMG Law and KPMG advise Diehl Defence on the acquisition of e.sigma

KPMG Law Rechtsanwaltsgesellschaft mbH (KPMG Law) and KPMG AG Wirtschaftsprüfungsgesellschaft (KPMG) advised Diehl Defence GmbH & Co. KG (Diehl Defence) on the complete acquisition of…

27.05.2025 | KPMG Law Insights

Cell Phone Inspections at US Border and Beyond: What to Expect

Key facts: U.S. immigration officials monitor public social media data and travelers should be prepared to share details about their personal social media accounts. All…

14.05.2025 | KPMG Law Insights

BGH on customer installations: Decision orders application in line with the directive

In a ruling dated May 13, 2025, the BGH classified the supply infrastructure in the specific case of a residential complex in Zwickau as a…

13.05.2025 | In the media

KPMG Law expert in Spiegel article on energy policy

Dirk-Henning Meier, Senior Manager in the energy law department at KPMG Law, is quoted in a recent article on energy policy in Der Spiegel.…

13.05.2025 | Career, In the media

azur Karriere Magazin – All AI or what?

Artificial intelligence has long since arrived in law firms and legal departments. But dealing with it is a skill that needs to be learned. Many…

13.05.2025 | KPMG Law Insights

Initial experience with the Single-Use Plastics Fund Act: what manufacturers should bear in mind

Beverage cups, foil and plastic cigarette filters litter streets, parks and sidewalks. The cleaning costs are borne by the local authorities. The Disposable Plastics Fund…

07.05.2025 | KPMG Law Insights

Termination of fixed-term rental agreements in the case of pre-leasing

In the case of a pre-leasing, the tenancy only begins at a later date, usually the handover date. In such cases, the contracting parties usually…

© 2024 KPMG Law Rechtsanwaltsgesellschaft mbH, associated with KPMG AG Wirtschaftsprüfungsgesellschaft, a public limited company under German law and a member of the global KPMG organisation of independent member firms affiliated with KPMG International Limited, a Private English Company Limited by Guarantee. All rights reserved. For more details on the structure of KPMG’s global organisation, please visit https://home.kpmg/governance.

 KPMG International does not provide services to clients. No member firm is authorised to bind or contract KPMG International or any other member firm to any third party, just as KPMG International is not authorised to bind or contract any other member firm.

Scroll