HORNBACH Baumarkt AG (HMSE:HBM) signed an agreement to acquire Seniovo Bau Gmbh from IBB Beteiligungsgesellschaft mbH and PropTech1 Management GmbH on November 27, 2023. The closing of Transaction is on December 1, 2023. Verena Eisenlohr, Christina Eschenfelder, Jörg Döhrer and team of RITTERSHAUS Rechtsanwälte Partnerschaftsgesellschaft mbB acted as legal advisor to HORNBACH.

Till Wansleben of BMH Bräutigam & Partner Rechtsanwälte mbB acted as legal advisor to the sellers, IBB Ventures and PropTech1 Ventures.