Announced
Completed
Synopsis
Katjes International, a company that offers a variety of confectionery and snack products through its diverse portfolio of brands, completed the acquisition of a 60% stake in Willy Bogner, a company that offers exclusive fashion through its BOGNER and FIRE+ICE brands. Financial terms were not disclosed. “With our successes in the personal care segment – with Bübchen, Theramed and Shirin Beauty – we have demonstrated our ability to successfully grow brands beyond our original business in a profitable way. Expanding and developing brands in the European consumer goods segment is our strength and fully aligned with our long-term strategy. The addition of Bogner marks our entry into the luxury goods segment, further strengthening our brand portfolio," Tobias Bachmüller, Katjes International Managing Shareholder.
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