Archived posting to the Leica Users Group, 2011/10/19

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Subject: [Leica] Dr. Kaufmann (partially) cashes out!
From: cummer at netvigator.com (H&ECummer)
Date: Wed, 19 Oct 2011 22:06:04 +0800
References: <mailman.1226.1319005028.1187.lug@leica-users.org>
 
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."
Replies: Reply from mark at rabinergroup.com (Mark Rabiner) ([Leica] Dr. Kaufmann (partially) cashes out!)