Benchmark International is pleased to announce the acquisition of Schlummersack’s e-commerce business by empact brands.
Schlummersack, based in Plauen, Germany, is one of the leading brands for high-quality baby clothing. The company specializes in the production of sustainable and innovative baby sleeping bags, which are sold online throughout Europe.
In August 2023, empact, which already successfully distributes the TupTam brand in the same sector, acquired the Schlummersack e-commerce business from Karina Grassy. Ms. Grassy will continue to assist the new owners as advisor. Managing Director of Schlummersack, Elke Kramer, will continue her role within the empact group.
empact brands, based in Düsseldorf, Germany, is a specialised consolidator of sustainable brands in two sectors: kids and pets. With the acquisition of Schlummersack, empact aims to leverage synergies within its group of brands.
Karina Grassy commented on the transaction: "I am delighted that Schlummersack has become a member of empact brands. Among several options we felt very comfortable with empact as they understand our business and saw the potential of our brand within their group. I would like to thank Benchmark International for identifying this buyer and their dedicated work and support throughout the transaction process.”
Ferdinand von Hammerstein from empact added: “We are very pleased with the outcome of this transaction. From the first meeting we were convinced of the cultural fit and the synergy potential. We would like to thank Benchmark International for introducing this great opportunity to us.”
Europe: Michael Lawrie at +44 (0) 161 359 4400 / Lawrie@BenchmarkIntl.com
Americas: Sam Smoot at +1 (813) 898 2350 / Smoot@BenchmarkIntl.com
Africa: Anthony McCardle at +27 21 300 2055 / McCardle@BenchmarkIntl.com
ABOUT BENCHMARK INTERNATIONAL:
Benchmark International is a global M&A firm that provides business owners with creative, value-maximizing solutions for growing and exiting their businesses. Benchmark International has handled over $10 billion in transaction value across various industries from offices across the world. With decades of M&A experience, Benchmark International’s transaction teams have assisted business owners with achieving their objectives and ensuring the continued growth of their businesses. The firm has also been named the Investment Banking Firm of the Year by The M&A Advisor and the Global M&A Network as well as the #1 Sell-side Exclusive M&A Advisor in the World by Pitchbook’s Global League Tables.