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Menold Bezler advises Klafs Group on acquisition by Egeria
Menold Bezler advised Klafs Group, a leading sauna manufacturer headquartered in Schwäbisch Hall, on its sale to investment company Egeria.
Klafs, a family-owned business founded in 1928, is the market leader for sauna, pool and spa systems. The company employs more than 700 employees and has a worldwide distribution network spanning 46 countries. The investment by the new majority shareholder will facilitate plans for further growth, particularly international expansion. The current management of Klafs Gruppe will continue to oversee the business.
Egeria is an investment company focused on medium-sized companies. It invests in healthy companies with an enterprise value of between EUR 50 million and EUR 350 million.
Menold Bezler advised the Klafs Gruppe shareholders on all legal aspects of the sale.