Thomas Weckerle, owner and CEO of Weckerle, and Reinhold Schlensok, chairman of Dr. Scheller Cosmetics, said they already agreed upon the essential framework conditions. According to the proposed agreement, Weckerle would take over Dr. Scheller Cosmetics’ production premises, factory buildings and facilities in Eislingen (Germany). All of the current 200 jobs would be maintained.
Originally a manufacturer of automatic machines for the production of lipsticks, Weckerle has developed into a globally established contract manufacturer. “By taking over Dr. Scheller’s business with trademarks, Weckerle expects to get access to strategically important customers in Europe and overseas,” Thomas Weckerle said in a release.
Through this transaction, the Weckerle Group also aims at expanding its field of action in Germany. “Weckerle has a strategic and long-term interest in the location of Dr. Scheller Cosmetics in Eislingen,” said Thomas Weckerle. “It is a production plant that has grown over decades and is successful because of competent and reliably operating employees with excellent know-how in the production of decorative cosmetics and toothpaste,” he added.
Weckerle operates other production units in Switzerland, France, North- and South-America.
As far as Dr. Scheller is concerned, the divestment should help the company to concentrate their financial and personnel resources fully on promoting their brands. Dr. Scheller’s portfolio features brands such as Manhattan, Manhattan Clearface, Dr. Scheller Naturkosmetik and Phyto Solutions.
In connection with the take-over, both parties plan a medium-term agreement concerning production cooperation, in order to guarantee a trouble-free hand-over of the business. According to this agreement, Weckerle will continue to deliver the products that Dr. Scheller Cosmetics produce now at the site, for the next 5 years.
Weckerle and Dr. Scheller Cosmetics declared their aim is to sign the agreement on the 2nd of April, 2009 with the take-over to occur the same day.