German toy manufacturer Schleich has been bought by French private equity firm Ardian from British owners HgCapital.
Although the price of the deal has not been disclosed by either company, the Frankfurter Allgemeine Zeitung reported it was £179m, according to anonymous sources in the finance industry. To fund the deal, Ardian used over £77m in loans from DZ Bank and Landesbank Baden- Wuerttemberg. Schleich, famous for its production of Smurf figurers, is…
This content is for subscribers only. Subscribe now for free to read the full article.
Already a subscriber? Login
