Kellerhals Carrard advises on the sale of Franz Carl Weber
Franz Carl Weber, one of the oldest toy retailers of the world with a tradition of more than 135 years and 23 stores and 240 employees in Switzerland, announced that 100% of its shares were acquired by Müller, the family-owned German drugstore chain with over EUR 4 bn. turnover. With this deal, the iconic Swiss group, which was acquired in 2018 from the French group Ludendo, passes into German hands.
SIMBA DICKIE GROUP and Marcel Dobler, who each sold their 50% stake in Franz Carl Weber in the transaction, highlighted that by bundling its procurement with Müller and thereby improving its purchasing power, Franz Carl Weber is positioned to continue providing to its customers a well-diversified product offering and best-in-class service. Marcel Dobler will continue to serve as member of the board of Franz Carl Weber. The purchase price was not disclosed.
Kellerhals Carrard advised the sellers on the transaction. The team was led by partner Marc Hanslin (corporate/m&a, pictured) and comprised Sarah Schneider (corporate/m&a) as well as Marco Sibold and Michèle Remund (both tax).