Toy: Traditional company Schleich is facing takeover
With dinosaur, unicorn and animal figures, Schleich has conquered children's rooms in many countries. Now financial creditors want to take over the traditional company.
A change in ownership is underway at struggling toy manufacturer Schleich. The company's creditors, including private equity firm H.I.G. Capital, plan to take control by converting their debts into equity. H.I.G. Capital has filed notifications with Germany's Federal Cartel Office and Austrian competition authorities, stating that a group of creditors intends to acquire all shares in Schleich Group Holding as part of a financial restructuring.
Schleich, founded in 1935 by Friedrich Schleich, has been owned by Swiss private equity firm Partners Group since 2019.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
