Leica Ownership Stays Put as Sale Talks End
The Wall Street Journal reports that talks to sell a majority stake in Leica Camera AG have ended without a deal. The Kaufmann family holds 55% of the company and Blackstone 45%, with Leica's annual revenue at nearly $670 million.
- Kaufmann family owns 55% of Leica Camera AG via ACM Projektentwicklung
- Blackstone holds the remaining 45% stake
- Leica's annual revenue is nearly $670 million
- About 45 M Series cameras are made daily in Wetzlar, Germany
Read next
Business