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
Further Transactions
