Frankfurt a. M./ Flörsheim — Vendis Capital, an investment company specializing in the European consumer goods market, has acquired a majority stake in BlueBrixx and Model Car World. Founder and CEO Klaus Kiunke, who will continue to hold a minority stake, is co-investing with Vendis Capital to further drive the company’s growth and development. Shearman & Sterling advised Vendis Capital on this transaction.
BlueBrixx and Model Car World are two leading omnichannel companies based in Flörsheim. Founded in 2017, BlueBrixx is a direct-to-consumer brand that offers a variety of Noppenstein sets for adult enthusiasts. In addition, the portfolio also covers various special topics such as architecture, cars, trains, aerospace and adventure. Model Car World was founded in 2001 and is one of the leading suppliers of model cars in Europe.
Vendis Capital is an independent investment company specializing in the European consumer goods market. The investment in BlueBrixx and Model Car World is the fifth investment of the Vendis Capital III fund launched in 2019 and the fourth investment in Germany overall.
Advisors to Vendis Capital: Shearman & Sterling
Partners Winfried M. Carli (Munich-Finance) and Sven Oppermann (Frankfurt-Finance).
About Shearman & Sterling
Shearman & Sterling is an international law firm with 25 offices in 13 countries and approximately 850 lawyers. In Germany, Shearman & Sterling has offices in Frankfurt and Munich. The firm is one of the international market leaders in advising on complex cross-border transactions. Worldwide, Shearman & Sterling primarily advises international corporations and large national companies, financial institutions, and large mid-sized companies. For more information, visit www.shearman.com.