Hyla sells majority of shares to FTI
Transfer Partners advised the shareholder of Hyla Germany GmbH, based in Altdorf, on the sale of a majority of the shares in the company to FTI Family Trust Investor GmbH (FTI).
Hyla Germany GmbH owns the exclusive distribution rights for an innovative air and room cleaning device in Germany and Austria, which is sold primarily B2C but also B2B via direct sales and online marketing. Furthermore, the company offers a wide range of additional products. Currently, more than 8,000 sales partners work for the company.
With FTI, the managing partner, Mr. Michael Hausenblas, has gained a strategic partner with whom the strong growth of the company is to be accelerated in the future.
FTI Family Trust Investor GmbH is a Munich-based investment company focusing on medium-sized companies in German-speaking countries.
Transfer Partners' mandate covered the entire M&A process, including the preparation of transaction-related documents, the identification and approach of suitable prospective buyers, the management of due diligence as well as support of the negotiations until the successful closing.