December 18, 2023

Corporate Finance

Successful Advisory to Ahorn Group on the Acquisition of Luhmann Funeral Group

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As part of a succession solution, Ahorn Group, based in Berlin, has acquired the Luhmann Group, which comprises seven Berlin-based funeral homes: Luhmann Bestattungen, Georg Spich, Bauschke Bestattungen, Georg Hannow, A. Hunold jun., Herbert Richert, and Elise Hoche. With this acquisition, Ahorn Group ensures the sustainable continuation of these established funeral businesses while expanding its local presence.

Buyer

With roots dating back to 1830, Ahorn Group has grown historically through acquisitions into a funeral services network comprising more than 80 regional brands, over 280 branches, and more than 1,100 employees nationwide. As a subsidiary of IDEAL Lebensversicherung a.G., Ahorn Group is today the largest provider of funeral services in Germany.

Our Contribution

The SGP Corporate Finance team advises Ahorn Group nationwide as its exclusive M&A advisor.

Our Team

  • Nicolas Gutbrod (Managing Director)
  • Fabian Stützle (Associate)
  • Veronika Koemm (Associate)
  • Luca Reifenberg (Analyst)

About Ahorn Group

With roots dating back to 1830, Ahorn Group has historically grown through acquisitions into a funeral services network comprising more than 80 regional brands, over 280 branches, and more than 1,100 employees nationwide. As a subsidiary of IDEAL Lebensversicherung a.G., it is today the largest funeral services provider in Germany.

Relevant Services

Company Sale
Company Acquisition
Distressed M&A and Special Situations
Debt Advisory