Saal Digital, a Siegen, Germany-based manufacturer of high-end photo products in Europe, received an investment of undisclosed amount.
Ardian is acquiring a stake in in the company along with previous shareholders Nordwind Capital and the Saal family, who will continue to hold a substantial shareholding in Saal Digital. They have reinvested on a significant scale in the course of the transaction. Florian Stellwag and Robin Saal will continue to head business development as members of the management team together with Reinhard Saal and Tim Saal.
The company plans wants to expand its business activities and thus realize its significant growth potential.
Founded in 1986 by Reinhard Saal, Saal Digital is an online platform for high-end photo products in Europe. These include photo books with special lay-flat bindings, wall prints on aluminum Dibond or under acrylic glass, and photo prints. While a wide range of customizable templates is available for retail customers, the company has a particularly large clientele among professional photographers, media designers and graphic designers as well as photo enthusiasts. These users can design their creations in standard graphics programs and upload them to the software specifically developed by Saal Digital, where they can edit the images and choose from a variety of design options.
The transaction remains subject to the authorization by the competition authorities.
FinSMEs
11/10/2019