Skandia, QlinQ and Elma have been acquired out of THR’s bankrupcy by Euretco, A.S.F. Fischer, Wiltec
March 2020 — Following THR’s bankruptcy, its proprietary brands Skandia, QlinQ and Elma, including all inventory items and IP rights, have been sold to Euretco, A.S.F. Fischer and Wiltec respectively.
THR is a distributor of DIY articles with various proprietary brands, including hand tools brand Skandia, paint and paint-related products brand Elma and ironware products brand QlinQ. THR went bankrupt in December 2019.
Euretco is a DIY retail service organization, A.S.F. Fischer is a DIY fasteners and ironware distributor, and Wiltec is a DIY paint and paint accessories distributor.
Our role in the transaction
Oaklins’ team in the Netherlands advised THR’s bankruptcy liquidator on the sale of its proprietary brands Skandia (sold to Euretco), QlinQ (sold to A.S.F. Fischer) and Elma (sold to Wiltec).
Talk to the deal team
Joris Gijsbers
Oaklins Netherlands
Related deals
NCL has sold its air and sea freight forwarding business to MOVIT
NCL – Transitários e Viagens, S.A. has sold its air and sea freight forwarding business to Movitlog, Lda. (MOVIT).
Learn moreTransnáutica has sold its road freight forwarding business to TMB Group
Transnáutica - Global Logistics, S.A. has sold its road freight forwarding business to TMB Group.
Learn moreCFI has completed the entry of FS Logistix as a minority shareholder
FS Logistix S.p.A., the logistics arm of Ferrovie dello Stato Italiane S.p.A., has acquired a 30% minority stake in Compagnia Ferroviaria Italiana S.p.A. (CFI), a rail freight operator controlled by FHP Group and backed by F2i SGR. The transaction is part of an industrial partnership aimed at strengthening intermodal rail freight logistics, improving efficiency and service coverage and supporting EU objectives related to modal shift and the reduction of carbon dioxide emissions.
Learn more