Gaston J. Glock style has sold its US real estate assets
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.
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
OBI Group has acquired the OBI and individual DIG stores from Migros
As part of a strategic review, Migros has decided to divest its DIY business, which included several “Do It + Garden” and “OBI” locations. Migros had operated the Swiss OBI stores as a franchisee. In OBI Group Holding, Migros has found the ideal partner to ensure continuity for both its customers and employees.
Learn moreVastned Belgium has received a fairness opinion on its reverse cross-border merger with Vastned Retail
The committee of independent members of the Board of Directors of Vastned Belgium, a listed Belgium-based company, has obtained a fairness opinion in the context of a cross-border reverse merger with Vastned Retail, a listed Netherlands-based company.
Learn moreArtisJP has sold 500 ha of farmland to the Land Fund of Latvia
ArtisJP has sold 500 hectares of agricultural land in the Ventspils region of western Latvia to the Land Fund of Latvia, managed by the Latvian state finance institution Altum.
Learn more