Cologne, November 30, 2021 (GLOBE NEWSWIRE) – Gordon Brothers, the global consultancy, restructuring and investment firm, has granted SPM Toys Trading GmbH a secured term loan to purchase the intellectual property rights and assets of the German retailer Spiele Max GmbH.
SPM Toys Trading will use the funds to acquire the retail inventory of 49 Spiele Max stores in Germany. In addition, the company will continue to expand its online presence to meet growing consumer demand.
âWe are delighted to support SPM Toys Trading in their restructuring plans,â said Andreas Kemper, Managing Director of Gordon Brothers. “The loan facility will allow the retailer to restructure the Spiele Max business and drive online innovations to further grow the business, while maintaining a physical presence on Main Street.”
âWe are delighted to partner with Gordon Brothers on this transaction. The cooperation with the entire Gordon Brothers team has been pleasant and very productive. They have a remarkable track record in retail, which makes them the perfect partner, âsaid Falk Siegmundt of SPM Toys Trading. âThis funding will allow us to develop and grow the Spiele Max brand, drive our digital transformation and further expand our market share. The Spiele Max team is delighted to start a successful new chapter with Spiele Max.
Please contact Andreas Kemper at email@example.com for more information.
About the Gordon brothers
Since 1903, Gordon Brothers (www.gordonbrothers.com) has helped lenders, operating executives, advisors and investors move forward with change. The company brings a powerful combination of expertise and capital to its clients, developing customized solutions on an integrated or stand-alone basis in four service areas: appraisals, disposals, operations and investments. Whether to fuel growth or facilitate strategic consolidation, Gordon Brothers partners with companies in the retail, trade and industrial sectors to get the most out of their assets. Gordon Brothers conducts more than $ 70 billion in disposals and appraisals annually. Gordon Brothers is headquartered in Boston and has more than 30 offices on five continents.
About Spiele Max GmbH
Founded in 1982, Spiele Max is a multi-channel retailer established in Germany, specializing in toys, baby gear and children’s fashion. Headquartered in Stahnsdorf, near Berlin, the company operates 49 stores across the country and has a growing online store.
CONTACT: Lauren Nadeau Gordon Brothers 1-617-422-6599 firstname.lastname@example.org