Our Expertise:

M&A, sales and acquisition of companies, equity placements, investor processes

Leitz was sold to ESSELTE

We advised Leitz

HSCie Customer

Louis Leitz KG, Stuttgart, Germany, or its partners.

Louis Leitz KG is the inventor of the Leitz file and a market leader for organization products under the brand name Leitz in Germany. It had sales figures of around DM 600 million. In addition to activities in Germany, Leitz was also present in France (Centra Group) and was active in a group of companies involved in electronic archiving.

www.leitz.de

Companies involved

Esselte AB, Stockholm, Sweden

Esselte is involved worldwide in a similar product segment than Leitz and is listed at the Stockholm Stock Exchange. In the meantime, Esselte has been taken over by the Childs Group in an LBO transaction.

www.esselte.com


Transaction

Esselte acquired 100% of Louis Leitz KG. This transaction made Esselte the world leader in filing systems.


Task

HSCie advised Louis Leitz KG, that is, its partners, on the sales process, including with regards to valuation, drawing up of the documents relevant to the transaction, the due diligence process and the negotiations.

Year:  1998

Transaction value:  Not published

Industry:  Consumer Goods

Business field:  Mergers & Acquisitions