EVENT DOSSIER
Austrian billionaire Andreas Kaufman refused to sell his approximately 55% stake in Leica Camera AG, leading to the termination of negotiations between Sequoia China (HSG) and the company. The two parties failed to reach an agreement due to differences in strategic approaches and pricing. Blackstone Group still holds the remaining 45% shares. The original valuation for this transaction was around 1 billion euros, and if it were completed, it would push Leica back into the stock market. On the same day, Leica announced its financial results for the 2025/2026 fiscal year, with revenue of 573 million euros, a decrease of 3.8% year-on-year. This was the first time there had been a decline worldwide, mainly due to geopolitical uncertainties, exchange rate effects, and tariffs. However, the company still achieved profitability overall. CEO Andreas Fohl said that the company will focus on innovative high-end products, global sales networks, and expand its reach among female, young, and new creative communities.
奥地利亿万富翁考夫曼拒绝出售徕卡多数股权，红杉中国收购案终止。考夫曼目前持有徕卡约 55% 股份，黑石集团持有剩余 45%。分歧源于双方战略理念差异及价格问题。此前 HSG 计划收购黑石所持 45% 股权，若考夫曼同意出售，HSG 也可能…
奥地利亿万富翁安德烈亚斯·考夫曼决定暂不出售其持有的徕卡相机公司（Leica Camera AG）约 55% 多数股权，导致红杉中国（HSG）收购谈判终止。此前双方因战略理念差异及价格分歧未能达成一致，黑石集团仍持有剩余 45% 股份。此…
奥地利亿万富翁考夫曼拒绝出售徕卡多数股权，红杉中国收购案终止。考夫曼目前持有徕卡约 55% 股份，黑石集团持有剩余 45%。分歧源于双方战略理念差异及价格问题。此前 HSG 计划收购黑石所持 45% 股权，若考夫曼同意出售，HSG 也可能一并收购其持有的 55% 股权，整体估值约 10 亿欧元。交易终止同日，徕卡公布 2025/2026 财年业绩，营收为 5.73 亿欧元，同比下降 3.8%，为多年来首次下滑。公司归因于地缘政治不确定性、汇率效应及加征关税，但整体仍盈利。摄影业务同比下滑，移动业务增长强劲，手表与配件、家庭影院投影机和眼镜业务积极发展。德国本土市场增长显著，美国消费情绪疲软。徕卡 CEO 福尔表示，公司将聚焦创新高端产品和全球销售网络，拓展新用户群体。
奥地利亿万富翁安德烈亚斯·考夫曼决定暂不出售其持有的徕卡相机公司（Leica Camera AG）约 55% 多数股权，导致红杉中国（HSG）收购谈判终止。此前双方因战略理念差异及价格分歧未能达成一致，黑石集团仍持有剩余 45% 股份。此次交易原估值约为 10 亿欧元，若达成将推动徕卡重新上市。同日，徕卡公布 2025/2026 财年业绩，营收为 5.73 亿欧元，同比下降 3.8%，为全球首次出现下滑，主要归因于地缘政治不确定性、汇率效应及关税影响，但公司整体仍盈利。CEO 安德烈亚斯·福尔表示，公司将聚焦创新高端产品、全球销售网络，并拓展女性、年轻人群及新创意社群用户。