M&A Deal Summary

Wiltan Enterprises and Merrill Lynch Wealth Management Acquire Elan

On July 31, 2015, Wiltan Enterprises and Merrill Lynch Wealth Management acquired consumer products company Elan

Acquisition Highlights
  • This is Wiltan Enterprises’ 1st and Merrill Lynch Wealth Management’s 1st transaction in the Consumer Products sector.
  • This is Wiltan Enterprises’ 1st and Merrill Lynch Wealth Management’s 1st transaction in Slovenia.
Investment Fate
  • Elan was divested to a consortium of buyers in 2018.

M&A Deal Summary

Date 2015-07-31
Target Elan
Sector Consumer Products
Buyer(s) Wiltan Enterprises
Merrill Lynch Wealth Management
Deal Type Add-on Acquisition

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) 2

Buyer

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: Add-on Acquisition M&A Deals 1 of 1
Country: Slovenia M&A 1 of 1
Year: 2015 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-12-24 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.

Sell -
Buyer

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 3 of 3
Sector: Consumer Products M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
Country: Slovenia M&A 1 of 1
Year: 2015 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-09-05 First Franklin Financial Co

San Jose, California, United States

First Franklin Financial Companies, Inc. offers residential mortgage loans and home loan solutions. Its services include loan programs, such as core, 40-year amortization, Best Score, single liens, documentation options, and alt-A.

Buy $1.3B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-12-24 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.

Sell -