Deal: Saddler Butet on sale
TENZING partners accompanies the owner of the saddler Butet in the sale of his company.
TENZING partners, a Luxemburgish-French Mergers and Acquisitions intermediary specialized in advising SME owners in their succession plan or growth strategy, is pleased to announce the sale of Butet, a world known saddle producer.
Based in Saumur (France), Butet is a market leader in the sector of horse saddles. Started by Frédéric Butet nearly 25 years ago, the company produces and sells premium saddlesfor professional and amateur riders both in show jump, dressage and cross country.
TENZING partners has accompanied the founder during the whole strategic process of the company sale, ultimately resulting in successful negotiations with the buyer. The sector of open-air sports and luxury in general and horse-riding in particular offers excellent consolidation opportunities which the new owners want to exploit.
TENZING partners advises companies and their shareholders during the lifecycle of their venture, accompanies executives in their strategic decisions in particular regarding growth strategies, acquisitions, capital increasesor disventures and exit strategies.