Gilde Buy Out Partners announced the acquisition of Xindao from its former shareholder Perusa Partners with management re-investing substantially into the new transaction.

Xindao, a leading supplier of functional business gifts, has been growing at double-digit growth rates for over a decade. Over the last several years, Xindao has transformed into a pan-European leader in the premium segment with an integrated supply chain and dedicated design team, enabling differentiated supply of products through various value-added services from in-house design and customization to quality control and fast-delivery. As the new owner Gilde intends to support the strategy that was formulated by the current management team, which is focused on further expanding Xindao’s leading position with high product quality, unique designs and superior service offering.

Nielen Schuman acts as financial advisor to Gilde Buy Out Partners.

 Click here for the full press release

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