Advised on Sale of CompanyConsumer & Retail
has been acquired by
The Swiss financial investor IINVISION has acquired a majority stake in the Reisenthel Group, a German manufacturer of functional bags and everyday aids, as part of a succession solution. The company's cult product, the carrybag, a synthetic shopping basket with an aluminium handle, sold millions of units. The Reisenthel family will continue to hold an interest in the company.
Design, manufacture and sale of functional bags, luggage and practical everyday helpers. The company offers a range of more than 100 products in various creative designs in the categories Shopping, Travel, Cosmetics, Living and kids. Founded in 1971, Reisenthel employs around 80 people at its headquarters in Gilching by Munich.
Swiss investment company with focus on established medium-sized companies, in particular in succession constellations. For more than 20 years INVISION has been successfully active as an investment company in German-speaking countries and has invested in more than 50 medium-sized companies during this period.
IMAP M&A Consultants AG initiated the transaction on behalf of the shareholders of Reisenthel and handled it in all its phases.