Hyla Germany GmbH
Industry: Market leading distributor of surface & air cleaning devices
Country: Germany
Transaction type: Succession
Acquisition: in 2023
Employees: 40 FTE and over 5.500 distribution partners
Turnover: 45 million EUR
https://www.hyla-germany.de/
Founded in 2009 and headquartered near Stuttgart, Hyla Germany GmbH (“Hyla DE” or the “Company”) is a leading distribution and direct sales company for household appliances in Germany and Austria. The Company holds a distribution exclusivity for Hyla D.O.O. (“Hyla SLO”) surface and air cleaning appliances for Germany and Austria and the option for a further exclusivity in Switzerland. With a team of approx. 5,500 independent distribution partners, who are remunerated through sales commissions for products sold, the company sold approx. 117,000 products in direct sales in 2022 with a turnover of approx. EUR(k) 44,500.