Successful company transfer and preservation of the almost 100-year brand
Handing over premium manufacturer for gloves in riding and driving to the best hands
uvex sports acquires traditional brand Schwenkel
The UVEX SPORTS GROUP GmbH & Co. KG develops, produces and sells innovative and high-quality products worldwide for the protection of people in sport, leisure and work. It is represented with 42 subsidiaries in 19 countries and produces with conviction in Germany. Two thirds of the approximately 2,225 employees (as of: GJ 2013/14) work in Germany. The guiding principle of protecting people is a mission and an obligation at the same time.
The shareholder of the long-established company Schwenkel with its nearly 100-year-old worldwide-appreciated brand for riding and driving gloves, it was important to transfer the company to a successor to meet the brand.
For many years, Schwenkel has been offering first-class sports gloves to professional and ambitious recreational athletes, that are characterized by top-quality materials, permanent innovation and the most demanding craftsmanship.
The company uvex with its equally long and successful history and the same high standards of quality and functionality met these requirements. uvex sports is a partner of top international sports as a supplier of countless top athletes.
The task of oeconos GmbH was to carry out a company valuation, to negotiate the conditions and to coordinate the lawyers entrusted with drafting the contract in preparation for the takeover of the company. All documents necessary for the purchase were created and the contractual partners were accompanied during the implementation.
uvex sports is expanding its existing range of equestrian products
The acquisition of the brand Schwenkel makes it possible for the long-standing history of this traditional brand to continue.
In 2015, the 100th anniversary of the brand Schwenkel was celebrated.