The shareholder of Stationery Team has sold the company to its management team. Financial details have not been disclosed.
Stationery Team is Europe's leading publishing company, specialized in branded back-to-school stationery and bags and accessories, year-round stationery, gift items and mobile accessories for young adults. The company works with some of the world’s most famous lifestyle brands such as O'Neill, Paul Frank, Esprit, Vans, Oilily and Accessorize. Additionally, Stationery Team offers product ranges of classic and contemporary popular characters. The brand-licensed stationery products are sold in stationery stores, gift stores and major department stores all around Europe.
The buy-out facilitated the retirement of the CEO, who was also the sole shareholder of Stationery Team pre-transaction.
Oaklins' team in the Netherlands studied different divestment routes on behalf of the seller. With the assistance of other Oaklins' teams, 84 potential strategic and 21 potential financial buyers were identified. Talks with a select number of potential buyers were initiated, after which the client decided to sell the company to the management team.
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