# Waterland acquires folding carton producer Leupold and subsidiary Schneller

Waterland Private Equity is acquiring all shares of folding carton producer Leupold and its subsidiary Schneller, based in Schwabach, Germany, as part of a family succession plan. The deal is subject to German competition approval and terms were not disclosed.

- Type: Acquisition
- Announced: 2020-07-29
- Where: Schwabach, Germany
- Jobs: 70
- Status: announced
- Products: folding cartons
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Waterland Private Equity](https://endata.com/companies/6809.md) (acquirer)
- [Leupold](https://endata.com/companies/6810.md) (target)
- [Schneller](https://endata.com/companies/6811.md) (target)
- [Joh. Leupold GmbH & Co KG](https://endata.com/companies/6812.md) (target)

## Sources

- [iwk-cp.com](https://iwk-cp.com/succession-plan-for-leading-producer-of-folding-cartons-waterland-private-equity-to-partner-with-leupold-to-expand-its-technology-and-quality-leadership/?lang=en), 2020-07-29: "As part of a succession plan, Waterland is acquiring all shares of packaging and folding carton producer Leupold and its subsidiary Schneller, based in Schwabach, Germany."
- [kpmg-law.de](https://kpmg-law.de/en/kpmg-law-advises-shareholders-of-the-leupold-group-on-the-sale-to-waterland/), 2020-07-30: "KPMG Law Rechtsanwaltsgesellschaft mbH advised the shareholders of the Leupold Group on the sale of Joh. Leupold GmbH & Co KG to Waterland Private Equity GmbH."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.