Advised on Sale of CompanyTechnology
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tesa SE has sold its affiliate tesa scribos GmbH, a leading provider of brand protection solutions and one of the TOP 100 Innovators 2021 in Germany, to LEONHARD KURZ Stiftung & Co. KG, which is expanding its expertise and product range in the security business segment.
Over the past years, tesa scribos has developed into a market-leading digital platform for brand protection trusted by more than 500 customers worldwide, including global brands such as Peugeot, Bosch, Castel, Danone and Chloé. At the heart of the protection program is scribos` labeling technology which is then combined with digital platforms and tools in order to force counterfeits out of the market, to create transparency in the supply chain and to gain significant market insights.
LEONHARD KURZ Stiftung & Co. KG is a leading provider of thin-film technology as the basis for complex security solutions. With the acquisition of tesa scribos, the KURZ Group is further expanding its brand and product protection segment. tesa scribos will stand in line with other renowned affiliates, such as OVD Kinegram (one of the world's leading providers of security solutions for the protection of government documents and banknotes with KINEGRAM® technology), PolyIC (innovative manufacturer of printed touch interface technology) or KURZ Digital (application specialist for individual digitization concepts).
The IMAP team has exclusively advised tesa SE, an affiliate of Beiersdorf AG, on the sale of its subsidiary tesa scribos GmbH in the context of a structured, international M&A process and has assisted in negotiating and successfully completing the transaction.