Clearwater International advises the shareholders of Schardt on the sale of the company to QVM
Clearwater International has advised the Schardt family on the sale of a majority stake in Schardt GmbH & Co. KG (Schardt), leaders in children’s furniture manufacturing, to QVM Privatkapital GmbH (QVM). The siblings Barbara and Philipp Schardt will remain as minority shareholders, and both will continue to manage the business.
Founded over 80 years ago, Schardt is one of the leading German manufacturers and suppliers in the children's furniture sector with a strong focus on sustainability. Furthermore, the company’s product portfolio comprises textiles and other accessories and equipment for babies. Headquartered in Mitwitz, Germany, the family business is managed by the fourth generation, Barbara and Philipp Schardt, and currently employs approximately 80 professionals at locations in Bavaria and Thuringia.
Based in Hamburg, Germany, QVM is an investment company that is financed by a selected group of entrepreneurial private investors as well as the founders. A particular focus is on involvement in succession situations, growth projects and other changes in shareholder structures.
Together with QVM, Schardt will further promote the brand building and digitalisation of the company as well as its international expansion.