1. Home >
  2. M&A >
  3. Add-on Acquisition >
  4. Germany >
  5. Li & Fung Acquires KarstadtQuelle AG

M&A Deal Summary

Li & Fung Acquires KarstadtQuelle AG

On October 2, 2006, Li & Fung acquired retailer KarstadtQuelle AG for 594M HKD

Acquisition Highlights
  • This is Li & Fung’s 1st transaction in the Retail sector.
  • This is Li & Fung’s largest (disclosed) transaction.
  • This is Li & Fung’s 1st transaction in Germany.

M&A Deal Summary
Date 2006-10-02
Target KarstadtQuelle AG
Sector Retail
Buyer(s) Li & Fung
Deal Type Add-on Acquisition
Deal Value 594M HKD

Target

KarstadtQuelle AG

Germany
KarstadtQuelle AG engages in department store and mail order business in Germany.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Li & Fung

Lai Chi Kok,, China
Category Company
Founded 1973
Sector Distribution
DESCRIPTION

Li & Fung (Trading) Ltd.provides various services in the areas of product design and development, raw material and factory sourcing, production planning and management, quality assurance and export documentation, and shipping consolidation.

DEAL STATS #
Overall 1 of 1
Sector: Retail M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Germany M&A 1 of 1
Year: 2006 M&A 1 of 1
Size (of disclosed) 1 of 1
Mergr

Solution for

Product

Company

Legal