Faber-Castell acquires a competitor and picks Schalast as advisor
Famous pens and pencils manufacturer Faber-Castell has acquired the medium-sized competitor Robert E. Huber from Königsbach in Baden. With its 50 employees, Robert E. Huber, founded in 1935, produces writing instruments, products and accessories for brands in the luxury and consumer goods sector. All production takes place in-house. The acquisition is mean to deepen the buyer’s expertise in the field of precision engineering.
With around 6,500 employees, Faber-Castell is one of the leading suppliers of writing and drawing products. The company also offers cosmetics. In its core business, the company claims to produce more than two billion pencils and coloured pencils per year. Faber-Castell was founded in 1761 in Stein, Middle Franconia, and is nowadays one of the oldest companies in the world, being in the family for nine generations. It sells its products in 120 countries and has its own production facilities in ten countries.
The advisors
On the law firm side, Schalast from Frankfurt and the Pforzheim top dog Ladenburger have been the advisors.
Schalast has advised Faber-Castell with partners Kristof Schnitzler, Matthias Geurts, Florian Frisse, Markus Ruhmann and associates Yeghaneh Salamati-Ditz, Lorenz Bock.
Robert E. Huber has been advised by Ladenburger and especially by partners Felix Ladenburger, Clemens Ladenburger, Henning von Restorff, Ulrich Mettler, Matthias Gloning.
