Archived posting to the Leica Users Group, 2011/10/19
[Author Prev] [Author Next] [Thread Prev] [Thread Next] [Author Index] [Topic Index] [Home] [Search]He mentions he intends on maintaining the majority share and control of the company. -- Mark R. http://gallery.leica-users.org/v/lugalrabs/ > From: Howard Cummer <cummer at netvigator.com> > Reply-To: Leica Users Group <lug at leica-users.org> > Date: Wed, 19 Oct 2011 22:06:04 +0800 > To: Leica Users Group <lug at leica-users.org> > Subject: [Leica] Dr. Kaufmann (partially) cashes out! > > Leica Camera Gains Strategic Investor In Blackstone > > > This morning Leica officially announced that Andreas Kaufmann's ACM is > selling > 44% minority stake of Leica Camera shares to investment funds advised by > Blackstone. > > The goal is "to support Leica?s international growth plans" - more > precisely > "continued development of the brand, its products and our growth plans into > new markets such as Asia, South America and the Middle East". > > According to the Leica press release "ACM has no plans to sell more shares > in > Leica Camera AG. Our long term strategy is to accompany Leica Camera in its > continued expansion worldwide." > > > > _______________________________________________ > Leica Users Group. > See http://leica-users.org/mailman/listinfo/lug for more information