Kirkland Advises XXXLutz Group on Squeeze-Out of home24

Kirkland & Ellis has advised XXXLutz Group on the successful squeeze-out of minority shareholders of home24 SE. The corporate squeeze-out of home24 minority shareholders has been approved by the home24 general meeting and was completed in March 2025.

XXXLutz operates more than 370 furniture stores in 14 European countries and employs more than 27,100 people. With an annual turnover of €6 billion, XXXLutz Group is one of the largest furniture retail groups in the world.

home24, headquartered in Berlin, is a leading home & living e-commerce platform in Continental Europe and Brazil with approx. 3,000 employees worldwide.

Kirkland had already advised XXXLutz Group in 2022 on a voluntary public takeover offer and in 2023 on a delisting offer for all outstanding shares of home24 SE.

The Kirkland team advising XXXLutz Group included corporate lawyers Achim Herfs, Thomas Hornberger and Maximilian Licht.