The Schürfeld Group from Hamburg is acquiring the advertising materials company, Geiger-Notes. As announced by Geiger-Notes AG in Mainz on Friday, the Hanseatic company is acquiring the majority of shares in the medium-sized company. The Schürfeld Group is a family-owned company that also originates from the SME sector and invests exclusively in medium-sized companies in the paper and printing industry.
“The change in the shareholder base doesn’t just mean a gain in security for customers and employees,” said company founder, Jürgen Geiger. He added that the takeover is also providing fuel for Geiger-Notes’ further growth: “We still have a lot of plans!” According to Geiger, Schürfeld’s mix of investor and strategist makes him the “ideal entrepreneurial partner.”
Geiger will remain with the company he founded as CEO and shareholder. In contrast, co-executive director, Marianne Marlow, will retire at the end of the year after 35 years of commitment to Geiger-Notes.