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.
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