King & Wood Mallesons (KWM) has advised INVISION on the acquisition of a majority stake in Reisenthel Accessoires GmbH & Co. KG (Reisenthel).
Reisenthel, based in Gilching, was founded in 1971 and is the leading manufacturer of shopping baskets, bags and trolleys for the segments shopping, travel, cosmetics and children. The products are characterised by a high degree of innovation, award-winning functional design and highest quality. The longevity of Reisenthel products are particularly appreciated by environmentally conscious consumers. The carrybag®, a shopping basket with an aluminium frame and aluminium handle, is probably the best-known Reisenthel product.
The investment by INVISION was part of a succession plan. The members of the founding Reisenthel family remain shareholders of the group and continue to assume management and advisory functions. Together with INVISION, Reisenthel aims to further expand and diversify its successful business model.
INVISION, based in Zug (Switzerland), was founded in 1997 and has since become one of the leading investment companies for succession situations and growth financing in Europe. INVISION invests into established midsized companies while focusing on succession cases.
Advisors to INVISION:
Dr. Michael Roos (partner), Hilke Schmitt (counsel), Dr. Katrin Thoma (associate), Dr. Laura Schumann (associate) (all Corporate/M&A), Markus Hill (partner, Tax), Daniel Ehret (partner, Finance)