Hofmann + Zeiher GmbH has acquired the distribution territory of Siegbert Jaschek GmbH as part of a strategic effort to expand its market presence in the German PBS sector.
Target Information
The target of this acquisition is Siegbert Jaschek GmbH, a longstanding specialist in greeting cards based in Reutlingen, Germany. As of June 30, 2016, the company will cease its operations and will pass its customer base to Hofmann + Zeiher GmbH, a wholesale distributor and logistics provider located in Pfungstadt. Hofmann + Zeiher shares a strong expertise in stationery, greeting cards, and gift items, aligning well with Jaschek's business focus.
This acquisition follows a series of strategic purchases by Hofmann + Zeiher, marking its fifth acquisition with exclusive advisory support from ADVISOS Corporate Finance. Through these efforts, Hofmann + Zeiher has significantly expanded its customer base and strengthened its presence throughout Germany, further establishing itself as a key player in the PBS (Paper, Office Supplies, Stationery) market.
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Industry Overview
The PBS industry is experiencing notable transformation in Germany, characterized by a trend toward consolidation. As smaller companies face challenges in maintaining profitability, larger firms lik
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Hofmann + Zeiher GmbH
invested in
Siegbert Jaschek GmbH
in 2016
in a Merger deal