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Gentlemen's Equity S.A.: Gentlemen's Equity S.A. acquires wooden toys producer Scalino
Production sites and brand owners change
Lisboa
(pta041/30.06.2016/14:29 UTC+2)
Gentlemen's Equity S.A., a listed investment holding based in Portugal (ISIN: PTGVE1AE0009) has taken over the wooden toy production and brand of Swiss Scalino AG with immediate effect. The transaction includes the operative business with the inventory, the production facilities in Gunmattingen (CH) and the suppliers Scalino Toys d.o.o. with offices in Vranje and Bujanovac (Serbia). The purchase price was not disclosed.
Gentlemen's Equity is focused on corporate investments in sports and entertainment and will generate further growth particularly in export with the brand and "Swiss Made" products of Scalino. Therefore both - existing naming rights and the exclusive designs of modular systems - go over to the buyer.
The transaction in Switzerland seeks no assets acquisition within the meaning of Art. 181 OR, while the main supplier Scalino Toys d.o.o. e is purchased in Serbia, including company, inventory, assets and liabilities. "Scalino fits in our investment focus," explains GE Chairman Nikola Trajanov the background of the acquisition. "Swiss Made quality wooden toys products have immense potential, not only in Asia but worldwide."
About Scalino Wooden Toys Products
Scalino Wooden toys are "Swiss Made" quality products and located in the high-price segment. The main market is currently Japan, but the new owners are planning to open up new markets in Asia and Europe and to expand the product range. Scalino develops, manufactures and distributes wooden toys, which promote three-dimensional thinking, fine motor skills and concentration of mind. In Japan, the products are cult.
Gentlemen's Equity S.A.
Gentlemen's Equity SA is a multinational investment holding company based in Lisbon, it is listed on the stock exchanges Paris and ENX (ISIN: PTGVE1AE0009). The Company participates in international companies in the sports and entertainment environment. Its investment focus is aimed at companies that operate innovative, sustainable and lucrative on the market or face a promising new market. http://www.gentlemensequity.com
Contact
Gentlemen's equity S.A.
Rua Odette de Saint Maurice, Lote 3
1200-844 Lisbon
http://www.gentlemensequity.com
Tel. +351214682470
Representative Office Switzerland
Nikola Trajanov, chairman
email: info@gentlemensequity.com
Tel. +41 (0) 41 712 33 33
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Emitter: |
Gentlemen's Equity S.A. Rua Odette de Saint Maurice, Lote 3 1200-844 Lisboa Portugal |
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Contact Person: | Nikola Trajanov | |
Phone: | +351 214 682 470 | |
E-Mail: | n.trajanov@gentlemensequity.com | |
Website: | www.gentlemensequity.com | |
ISIN(s): | PTGVE1AE0009 (Share) | |
Stock Exchange(s): | - | |
Other Stock Exchanges: | Paris, ENX |