M&A Deal Summary

KJK Capital Acquires Elan

On December 24, 2018, asset manager KJK Capital acquired consumer products company Elan from Wiltan Enterprises and Merrill Lynch Wealth Management

Acquisition Highlights
  • This is KJK Capital’s 3rd transaction in the Consumer Products sector.
  • This is KJK Capital’s 5th transaction in Slovenia.

M&A Deal Summary

Date 2018-12-24
Target Elan
Sector Consumer Products
Buyer(s) KJK Capital
Sellers(s) Wiltan Enterprises
Merrill Lynch Wealth Management
Deal Type Buyout (LBO, MBO, MBI)

Target

Elan

Begunje na Gorenjskem, Slovenia
Elan is specialized in the production of skis, snowboards, and other sporting goods. Elan was founded in 1945 and is based in Begunje na Gorenjskem, Slovenia.

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Buyer(S) 1

DESCRIPTION

KJK Capital is an asset management firm focused on public and private equity investing. KJK Capital was formed in 2010 and is headquartered in Helsinki.


DEAL STATS #
Overall 8 of 11
Sector: Consumer Products M&A 3 of 4
Type: Buyout (LBO, MBO, MBI) M&A Deals 3 of 5
Country: Slovenia M&A 5 of 5
Year: 2018 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-12-01 Tahe Outdoors

Viimsi, Estonia

Tahe Outdoors is an European watersports company offers a full range of kayaks, canoes, paddles and related accessories under five brands: Tahe Marine, Egalis, Zegul, Trapper and Beluga. Tahe Outdoors was founded in 1989 and is based in Viimsi, Estonia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-07-01 Baltic Bicycle Trade

Siauliai, Lithuania

Baltic Bicycle Trade is a developer, manufacturer, and seller of electric bicycles with own brand. Baltic Bicycle Trade was founded in 2002 and is based in Siauliai, Lithuania.

Buy -

Seller(S) 2

SELLER

Wiltan Enterprises

Nicosia, Cyprus

Category Company
Sector Financial Services
DESCRIPTION

Wiltan Enterprises Ltd. is a financial holding company owned by VR Global Partners.


DEAL STATS #
Overall 1 of 1
Sector: Consumer Products M&A 1 of 1
Type: Buyout (LBO, MBO, MBI) M&A Deals 1 of 1
Country: Slovenia M&A 1 of 1
Year: 2018 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-31 Elan

Begunje na Gorenjskem, Slovenia

Elan is specialized in the production of skis, snowboards, and other sporting goods. Elan was founded in 1945 and is based in Begunje na Gorenjskem, Slovenia.

Buy -
SELLER

Merrill Lynch Wealth Management

New York, New York, United States

Category Company
Sector Financial Services
Employees15,100
Revenue 13.8B USD (2012)
DESCRIPTION

Merrill Lynch Wealth Management is the wealth management division of Bank of America. Merrill Lynch is headquartered in New York City and consists of over 15,000 financial advisors and $2.2 trillion in client assets.


DEAL STATS #
Overall 1 of 1
Sector: Consumer Products M&A 1 of 1
Type: Buyout (LBO, MBO, MBI) M&A Deals 1 of 1
Country: Slovenia M&A 1 of 1
Year: 2018 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-31 Elan

Begunje na Gorenjskem, Slovenia

Elan is specialized in the production of skis, snowboards, and other sporting goods. Elan was founded in 1945 and is based in Begunje na Gorenjskem, Slovenia.

Buy -