Maxburg buys jewellery retailer Perlkönig
Munich-based private equity investor Maxburg Capital Partners has acquired German jewellery manufacturer Perlkönig.
The company held assets of €2.5m and generated a profit of €450,000 for 2016, according to publicly available information.
Maxburg is a private investment firm making equity and equity-like investments. It has approximately €600m under management according to its website, and generally makes equity commitments between €10-100m per deal.
Company
Perlkönig was founded in 1991 and is headquartered in Erbes-Büdesheim in Rhineland-Palatinate. The company sells necklaces and earrings through its online shop and physical location in Erbes-Büdesheim. It has a proprietary IT system that allows 350 temporary points of sale to be managed simultaneously.
People
Perlkönig – Franz Xaver Völki (CEO).
Advisers
Equity – P+P Pöllath + Partners, Michael Best, Gerald Herrmann, Anna Schiefelbein (legal).
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