Gaston J. Glock style has sold its US real estate assets
April 2022 — Gaston J. Glock style LP has sold its US real estate assets to Beko Technologies GmbH.
Gaston J. Glock style is an online retailer of clothing and accessories for hunting and shooting sports. The company held real estate comprising offices and warehouses in Smyrna, in the greater Atlanta area.
Beko Technologies is a manufacturer of compressed air and compressed gas technology. Headquartered in Neuss, Germany, the family-owned company employs 500 people worldwide and operates six manufacturing facilities in Germany, India, China and the US. In addition, it has a global presence with 14 sales offices. Beko Technologies’ solutions are used in the pharmaceutical, chemical, food, beverage, mechanical engineering, electrical and automotive industries, among others.
The businesses in the US and Germany traded hunting and sport shooting clothing and accessories via webshops. They also traded some of the most expensive knives ever produced. Gaston J. Glock style LP (USA) and Gaston J. Glock style GmbH (Germany) were liquidated via several asset sales (block sales) to buyers in the US, Germany and Brazil. The warehouse and office building in Symrna, Georgia, were sold separately to a German buyer.
Our role in the transaction
Oaklins’ teams in Austria and Dallas advised the seller on the disposal of its real estate assets in the US.
Talk to the deal team
Bryan Livingston
Oaklins Capital Alliance
Related deals
Rustins has been acquired by Remmers
Germany’s Remmers Gruppe SE has acquired UK coatings maker Rustins. The acquisition strengthens Remmers’ presence in the UK and expands its product portfolio and distribution channels. While Remmers has an established UK business focused on industrial flooring and wood coatings, Rustins brings complementary product ranges, established trade and distribution relationships and access to new customer groups in the DIY, painting and household retail sectors. Following completion, Rustins Group is wholly owned by Remmers, which has acquired all shares in Rustins Holdings Limited, including its operating company, Rustins Limited.
Learn moreMattina Holding has sold a 5% stake in Gens Aurea via accelerated bookbuild
Mattina Holding S.A. (DVC Partners) has sold a 5% stake in Italian company Gens Aurea S.p.A. through an accelerated bookbuild, raising approximately US$69.96 million.
Learn moreTNT has been acquired by PM Studio
TNT Group has been acquired by PM Studio Group, backed by Andera Partners, bringing together two complementary specialists in premium packaging for the beauty and luxury industries. TNT’s expertise in bespoke primary packaging complements PM Studio’s secondary packaging, gifting and creative design capabilities, creating a broader, integrated offering for major luxury brands. The transaction strengthens the group’s geographical footprint in Asia and the USA, diversifying its customer portfolio. The combined group generates over US$145 million in revenue and has approximately 150 employees worldwide. Following the transition of operational leadership to CEO Damon Kennish, the founders completed the sale to PM Studio while making a significant reinvestment alongside the management team, demonstrating their confidence in the combined group’s long-term potential. It aims to reach US$280 million in revenue by 2029 through organic growth, commercial synergies and further acquisitions.
Learn more