M&A Deal Summary

GALA Group Acquires Ramesh Flowers Pvt

On February 28, 2018, GALA Group acquired consumer products company Ramesh Flowers Pvt

Acquisition Highlights
  • This is GALA Group’s 1st transaction in the Consumer Products sector.
  • This is GALA Group’s 1st transaction in India.

M&A Deal Summary

Date 2018-02-28
Target Ramesh Flowers Pvt
Sector Consumer Products
Buyer(s) GALA Group
Deal Type Add-on Acquisition

Target

Ramesh Flowers Pvt

Thoothukudi, India
Ramesh Flowers Pvt Ltd. is an Indian manufacturer and exporter of potpourri, air fresheners, incense sticks, candles and decorative products.

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Buyer(S) 1

Buyer

GALA Group

Ansbach, Germany

Category Company
Founded 1972
Sector Manufacturing
Employees500
Revenue 67M EUR (2015)
DESCRIPTION

GALA Group is a candle manufacturer. GALA’s business model is based on a multi-channel approach, with products sold under the GALA brand and under private label through various retailers, factory outlets and online. GALA Group was founded in 1972 and is based in Ansbach, Germany.


DEAL STATS #
Overall 1 of 2
Sector: Consumer Products M&A 1 of 2
Type: Add-on Acquisition M&A Deals 1 of 2
Country: India M&A 1 of 1
Year: 2018 M&A 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-03-14 JuwelKerze JewelCandle UG

Berlin, Germany

JuwelKerze JewelCandle UG is a Berlin-based candle manufacturer JuwelKerze (JuwelKerze). JuwelKerze sells products through different online platforms in Germany, France, Italy, Austria, the Netherlands and the UK, selling candles under the JewelCandle brand in non-German-speaking countries.

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