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Gordon Brothers Provides SPM Toys Trading GmbH Secured Term Loan to Acquire IP Rights & Assets from Spiele Max GmbH

November 30, 2021, 07:36 AM
Filed Under: Retail

Gordon Brothers, the global advisory, restructuring and investment firm, has provided SPM Toys Trading GmbH a secured term loan to purchase the intellectual property rights and assets of German retailer Spiele Max GmbH.

SPM Toys Trading will use the funds to acquire the retail inventory from all 49 Spiele Max stores in Germany. Additionally, the business will continue developing its online presence to support growing demand from consumers.
“We’re delighted to support SPM Toys Trading in their restructuring plans,” said Andreas Kemper, Managing Director at Gordon Brothers. “The loan facility will enable the retailer to restructure the Spiele Max business and drive online innovations to further grow the business, whilst maintaining a physical presence on the high street.”

“We are pleased to have partnered with Gordon Brothers on this transaction. The cooperation with the entire team at Gordon Brothers was enjoyable and very productive. They have a remarkable track record in retail which made them the ideal partner” said Falk Siegmundt at SPM Toys Trading. “This financing will enable us to develop and grow the Spiele Max brand, to drive our digital transformation and to expand our market share further. The Spiele Max team is delighted to start a successful new chapter with Spiele Max.”

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