Transaction Details

June 15, 2015
Frankfurt

Sector

Digital Media and Media

Deal Type

M&A

Deal Value

N/D

Deal Team

Sascha Pfeiffer, Tobias Schultheiss, Mathias Heymann, Martin Rezaie

GCA Altium has advised the shareholder of Chal-Tec GmbH on an investment of approx. 40% by Ardian

GCA Altium has advised the shareholder of Chal-Tec GmbH on an investment of approx. 40% by Ardian. This transaction highlights GCA Altium’s extensive expertise in the Internet/eCommerce sector, representing the 10th deal to date in 2015.

Chal-Tec is an internationally operating eCommerce company that designs and distributes high-quality products in the segments Home & Living, Consumer Electronics and Sound & Light. Multi-channel distribution takes place not only via the company’s own platforms but also via leading eCommerce marketplaces. Since its current CEO Peter Chaljawski founded the company in 2005, Chal-Tec has been characterized by a comprehensive understanding of market developments and consumer trends. The Chal-Tec product range currently comprises 12 brands sold in 18 European countries. Its best-known brands include the consumer electronics brand auna and the modern living brand Klarstein.

With growth rates at around 50 percent, the profitable company expects to achieve a turnover of around EUR 100 million for the current financial year. With 300 employees at three locations (Berlin, Bratislava and Hong Kong), Chal-Tec currently generates about half of its sales in Germany and around one-third in other key European markets such as France, Italy, the UK and Spain.

With the support of Ardian, Chal-Tec wants to reach the next level in the growth of the company. The focus will be on refining the product portfolio with new product categories, the expansion of brand awareness and targeted internationalization.

Peter Chaljawski, CEO and founder of Chal-Tec, said: “Since the foundation of the company, we have focused on combining efficient eCommerce and innovative branding in order to offer our customers vibrant products at the best price/quality ratio. In a mature market environment, our international team has turned Chal-Tec into a trendsetting and agile multi-brand company. With Ardian, we welcome an entrepreneurial partner at our side to accelerate our further international expansion.”

Sascha Pfeiffer, Managing Director of GCA Altium added: “We are pleased to have found the right partner for Chal-Tec. Ardian will support the Company in achieving its ambitious future growth targets in the European consumer products market.”

This is the latest in a series of significant transactions advised on by GCA Altium in the Internet/eCommerce space.

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