Advised on Sale of CompanyConsumer & Retail
Acquired Business Operations
Albert Horn Söhne GmbH & Co. KG ("HORN") has sold its business activities to the Dutch Nedac Sorbo Group ("NEDAC") as part of their insolvency proceedings in self-administration.
HORN is a publisher of greeting cards. The product portfolio of HORN also comprises wrapping paper, ribbons and gift packaging (cases and bags). The goods are purchased through reliable partners in Asia, Europe and Germany. Customers of HORN include food retail, department stores as well as wholesalers in the DACH region
NEDAC is a distribution and trading company for the non-food sector and one of the leading companies for greeting cards in the Netherlands. In addition to the Dutch headquarters, NEDAC has further branches in the UK and Belgium.
IMAP initiated the transaction on behalf of Albert Horn Söhne GmbH & Co. KG and handled it in all its phases.See case study >