NRDC Equity Partners and BB Kapital SA acquire Galeria Karstadt Kaufhof GmbH out of insolvency

ESSEN, Germany--(BUSINESS WIRE)--NRDC Equity Partners, a New York-based investment firm, alongside investment firm BB Kapital SA, Bernd Beetz’s family office, have undertaken the acquisition of Galeria Karstadt Kaufhof GmbH (Galeria). The consortium of NRDC Equity Partners and BB Kapital SA is pursuing the takeover and financing of Galeria as part of an insolvency plan. Insolvency administrator of Galeria Karstadt Kaufhof GmbH, lawyer Stefan Denkhaus of the firm Boege Rohde Luebbehuesen (BRL),