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22 October 2025

Press Release 10/2025

COMMEO advises on sale of the CLOSED Group’s fashion business to capital-Home GmbH (Marc O’Polo)

October 2025 – Frankfurt-based competition law firm COMMEO has advised on all antitrust aspects of the search for investors and subsequent sale of the CLOSED Group to capital-Home GmbH (Marc O’Polo).

Within just a few weeks, the investor process for the CLOSED Group, which was undergoing insolvency proceedings, was successfully completed. Merger clearance by the German Federal Cartel Office (Bundeskartellamt) paved the way for the rapid completion of the acquisition.

In addition to international financial investors, several strategic bidders from CLOSED’s competitive environment expressed strong interest. The complex antitrust issues arising in this context were closely monitored and coordinated by COMMEO (Dr. Johanna Kübler, lead partner, and associate Constanze Ely).

Stefan Denkhaus acted as provisional insolvency administrator, the law firm BRL BOEGE ROHDE LUEBBEHUESEN advised on insolvency and M&A matters, while Dr. Wieselhuber & Partner GmbH served as M&A advisor.

COMMEO is a specialized law firm focusing exclusively on competition law. An established team of experienced lawyers advises national and international clients on all aspects of German and EU competition law