Deals

Lind Møbler A/S sold Lind Møbler Slovakia to 3C Holding

lind_3cgruppe
Datum:
2011
Branche:
Consumer goods
Länder:
Denmark, Germany, Slovakia
Competences:
Carve out,Cross border, Sell side

MP Corporate Finance acted as the exclusive financial advisor to Lind Møbler Bramming A/S for the sale of of its Slovak subsidiary Lind Møbler Slovakia s.r.o. to 3C Holding GmbH.

Due to big changes in the business activities of the Danish Lind Group, the owner decided to sell the Slovakian subsidiary. After selling the Canadian business area in 2008 and the Mexican branch in 2009, Lind Mobler Slovakia s.r.o. was the last remaining operational business area of the Group.

The Lind Group was founded in Denmark by Mogens Lind in 1965. The company develops, produces and sells upholstery. Its customers are large store and furniture chains. In the early 1970s, the Lind Group became one of the world’s biggest furniture dealers for upholstery, with the result that production sites were set up in Denmark, Canada, Slovakia and Mexico over the next 35 years.

The 3C Group is a German upholstery manufacturer. The Group has various production sites in Central and Eastern Europe. 3C acquired Lind Mobler Slovakia to set up another Eastern European production and distribution centre and to strengthen the operative position of the 3C Group on the Scandinavian market with the “Lind” brand.

Capiton sold Gimborn to Penta

gimborn_penta
Datum:
2008
Branche:
Consumer goods
Länder:
Germany, Slovakia
Competences:
Sell side, Cross border

MP Corporate Finance acted as the exclusive financial advisor to Capiton in the sale of high premium petfood manufacturer and retailer H. von Gimborn GmbH to Penta Investment.

For more than 30 years, Gimborn Holding GmbH has been producing and selling premium products for pets, particularly for cats. The product portfolio ranges from cat litter via supplements with vitamins and minerals to accessories for pets. The main sales channel is specialised shops. In addition, in the Czech Republic, Gimborn owns its own retail division for pet products.

Capiton is a financial investor managed by its owners, which holds shares in bigger medium-sized companies in Germany, Austria and Switzerland due to management buyouts and expansion financing. High-profit companies with a turnover of between EUR 50 and 500 million are preferred. In June 2006, Capiton obtained a 86% interest in Gimborn as part of a management buy-outs and developed the company further together with management.

Penta holds a share in companies with a total annual turnover of EUR 2.2 billion and which employ approx. 25,000 employees. The aim of Penta is to further strengthen the Eastern European business of Gimborn through this acquisition.