Ardian, an independent private investment company, has announced the acquisition of Schleich from European private equity investor HgCapital.
The management of Schleich has acquired a substantial stake in the company as part of the acquisition, which is subject to antitrust approval. Dr Thomas van Kaldenkerken, CEO of Schleich, commented: “Since the beginning of 2013, we have not only managed the turnaround of our existing core business but have also set the course for further significant growth, which is already producing strong results. This has also been achieved with the proactive and professional support of HgCapital. With children we develop real toys for children. With our innovations, which continue to provide a platform for children’s fantasy, the figurines and play worlds from Schleich will continue to inspire children, parents and grandparents.”
Justin von Simson, partner at HgCapital, says: “For HgCapital, Schleich was a successful investment and it was a pleasure working together with the current management team to help develop Schleich’s international presence, distribution and logistics capability and its profitability. We identified a strong and experienced new leadership team for the company, jointly developed a new, robust strategy for the future and thus positioned the company for its next phase of growth. We are delighted to have found in Ardian the ideal future partner for Schleich.”
Caspar von Meibom, managing director at Ardian, adds: “For me as a father, Schleich with its timeless toy figurines represents much more than just an investment in a company. With its new strategy of increasingly expanding into play worlds as well as further penetrating both international markets and new distribution channels, we see significant additional growth potential for the company. We are impressed by the implementation achieved to date of the outstanding management team and look forward to working alongside them to support the company over many years to come. We would also like to thank HgCapital for developing Schleich in a sustainable way and for its fair and reliable conduct in an efficient bilateral transaction process.”
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