Schleich Explained

Schleich
Type:Private
Founder:Friedrich Schleich
Location City:Schwäbisch Gmünd
Location Country:Germany
Area Served:Worldwide
Industry:Toys, figurines
Products:Smurfs, animals, knights, elves, dinosaurs, Harry Potter
Revenue:188.7 million euros[1]
Revenue Year:2020
Key People:Dirk Engehausen, Daniel Rupp, Udo Rother
Owner:Partners Group
Num Employees:440
Num Employees Year:2020
Homepage:Schleich website

Schleich is a German producer of hand painted toy figurines and accessories. The company is headquartered in Schwäbisch Gmünd, Germany. In 2020, the group employed 440 people and generated sales of 188.7 million euros. Half of the sales are generated outside of the German domestic market, and Schleich branded play figurines and playsets are sold in over 60 countries.[2] In 2022, the company sold a total of approximately 40 million figurines.[3]

History

In 1935, Friedrich Schleich (1900–1978) founded Schleich in Stuttgart as a supplier of plastic parts. In the 1950s, the company became known as Schleich Figuren, producing bendable plastic figurines for the first time. In the 1960s, the company focused on producing licensed toy figurines (merchandising). This included the development, production and marketing of comic figurines such as Snoopy, Maya the Bee, Mickey Mouse and the Smurfs. Especially with their Smurfs figurines, the company became widely recognised as a toy supplier.

In 1977, Friedrich Schleich sold the company.[4] Until the end of 2006, Franz-Ulrich Köster, Klaus Schwarz and Paul Kraut senior were shareholders of the company. In the 1980s, Schleich shifted its focus from comic figurines to produce more detailed true to life animal figurines, but also started to produce Muppet characters.[5]

When the three shareholders retired in 2006, Paul Kraut junior took over the management of the company, while the British investment company HG Capital invested 165 million euros and acquired 80% of the shares of the company.[6] [7] In 2013, Thomas van Kaldenkerken followed Kraut as CEO. After restructuring the company, van Kaldenkerken handed over the management in 2015 to Dirk Engehausen.[8] Upon his arrival, the company's annual sales doubled from 2015 to 2020.[9] The reason for this was, among other things, the expansion abroad. By 2015, around 80% of sales were generated in Germany; by 2020, that figure was just under 50%.[10] The company grew primarily in the U.S., France, and the U.K.[11]

In 2014, French investment company Ardian acquired Schleich for a price of 220 million euros. In 2016, to tap the American market, the toy maker acquired licenses to produce Peanuts as well as Justice League heroes such as Superman and Batman.[12] Since mid-2019, the company belongs to Swiss based Partners Group.[13]

During the Covid-19 pandemic, Schleich continued to increase its sales despite difficulties in its global supply chains.[14] In 2023, Schleich introduced figurines for the Harry Potter book and film series.[15]

Corporate structure

Schleich is headquartered in Schwäbisch Gmünd, Germany. In 2020, the group employed 440 people and generated sales of 188.7 million euros. Half of sales are generated outside of the German domestic market, and Schleich branded play figurines and playsets are sold in over 60 countries. In 2022, the company sold a total of approximately 40 million figurines. Schleich GmbH is the seventh largest toy supplier in Germany, behind Lego, Playmobil, Hasbro, Mattel, Simba-Dickie, and Ravensburger.[16]

Revenue

Source: Bundesanzeiger[17] [18] [19] [20]

Products

Schleich produces lifelike and authentic figurines from various types of plastic using injection moulding. Starting in 2003, Schleich expanded its products to include playsets and other accessories, such as fantasy figurines. The toys and playsets are marketed with the help of play scenarios.

In the past, Schleich has licensed brands including Marvel, DC, Disney and Peanuts. The first major success for Schleich was JOPO, which were bendy figurines with long legs. From there, they met success with their first launch of smurf figurines. Since then, they have worked with different brands to portray characters as figurines.

Product lines

The line of figurines includes nine major brands owned by Schleich (as of 2023) and other figurines: Wild Life, Farm World, Horse Club, Sofie's Beauties, Dinosaurs, Bayala, Eldrador Creatures, The Smurfs and Harry Potter.[21]

Design, production and materials

The design of products and the creation of tooling is mostly in-house. Production is at the German headquarters and in production facilities in foreign countries. When a figurine is manufactured, a digital model is first made on the computer, followed by a resin prototype. From this, a mould is made for the injection moulding machine. The figurines are then cast and hand painted at various locations in China, Germany, Spain, Portugal, Tunisia, Bosnia, and Romania.[22] Schleich toys are made of different plastics, like polyvinyl chloride, so that the products are bite-, scratch- and saliva-resistant. They also add a softener developed by BASF called Hexamoll DINCH. These materials comply with the European Toy Directive 2009/48/EC and DIN EN 71.

Sustainability

All of Schleich's products and packaging are being optimised and certified according to the principles of the cradle-to-cradle circular economy.[23] Further, since 2023 consumers have been able to return their Schleich figurines to the toy manufacturer for recycling. So far, only a few figurines have been returned.[24] According to a survey conducted by Schleich in February 2023, the reason for this is that the figurines are rather passed on to friends, neighbours or the next generation.[25]

Sites

Schleich produces its figurines and playsets in Germany, Portugal, Romania, Moldova, Vietnam, Tunisia and China.[26] In addition to its headquarters in Schwäbisch Gmünd, Schleich has locations in Munich, Amsterdam (Netherlands), Lyon (France), Milan (Italy), London (United Kingdom), Prague (Czechia), Charlotte (United States) and Tokyo (Japan).

After previous success, in 2019 Schleich began partnerships with major toy retailers in various locations in the United States, creating in-store Schleich flagship stores. The first of these were in Beverly Hills and San Mateo (California), and Kingston (Massachusetts).[27]

Notes and References

  1. News: 2023-01-05 . Lion TopCo GmbH - Konzernabschluss zum Geschäftsjahr vom 01.01.2020 bis zum 31.12.2020 . de . Lion TopCo GmbH - Consolidated financial statements for the fiscal year from 01.01.2020 to 31.12.2020 . Bundesanzeiger.
  2. Web site: 2023-01-30 . Auslandsgeschäft hilft Schleich in unsicheren Zeiten . Foreign business helps Schleich in uncertain times . 2023-06-14 . . de.
  3. News: Kotowski . Timo . 2023-03-06 . Der Zauberlehrer von Schwäbisch Gmünd . de . The Magic Teacher of Schwäbisch Gmünd . . 2023-06-14 . 0174-4909.
  4. News: Schildgen . Moritz . 2018-08-11 . Schleichs Weg zum Erfolg . de . Schleich's path to success . 8 . Schwäbische Zeitung.
  5. News: Wagener . Benjamin . 2016-01-25 . Wachstumsschmerzen . de . Growing pains . 22 . Handelsblatt.
  6. Web site: 2008-03-18 . Press Release - HG Capital Trust PLC - Final Results - Part 1 . dead . https://archive.today/20120910183238/http://www.reuters.com/article/pressRelease/idUS72364+18-Mar-2008+RNS20080318#selection-2142.0-2142.1 . 2012-09-10 . 2023-06-14 . Reuters.
  7. Web site: Wagener . Benjamin . 2016-01-24 . Schleich: Elefanten und Krokodile auf Wachstumsmission . Schleich: Elephants and crocodiles on a growth mission . 2023-06-14 . Handelsblatt . de.
  8. Web site: Schleich: Spielwarenhersteller beruft Dirk Engehausen zum neuen CEO . Schleich: Toy manufacturer appoints Dirk Engehausen as new CEO . 2023-06-14 . K - Trade Fair for Plustic and Rubber . de.
  9. News: Kotowski . Timo . 2020-02-03 . Schleich mit vielen Pferdestärken . de . Schleich with a lot of horsepower . 21 . Frankfurter Allgemeine Zeitung.
  10. News: Kotowski . Timo . 2022-09-29 . Spielzeughersteller Schleich will Figuren zweites Leben geben . de . Toy manufacturer Schleich wants to give figurines a second life . Frankfurter Allgemeine Zeitung . 2023-06-14 . 0174-4909.
  11. Web site: Hofer . Joachim . 2022-06-01 . Auf Augenhöhe mit Lego und Mattel: Finanzinvestor will Schleich zur Weltmarke machen . On a par with Lego and Mattel: Financial investor wants to turn Schleich into a global brand . 2023-06-14 . Handelsblatt . de.
  12. News: 2014-05-18 . Schlümpfe-Hersteller: Finanzinvestor kauft Schleich . de . Frankfurter Allgemeine Zeitung . 2023-06-14 . 0174-4909.
  13. Web site: Speiser . Marcel . 2019-07-09 . Partners Group übernimmt die Schleich-Schlümpfe . Partners Group takes over the Schleich Smurfs . 2023-06-14 . . de-CH.
  14. Web site: 2022-01-27 . Spielwarenhersteller Schleich trotzt Lieferproblemen . Toy manufacturer Schleich defies delivery problems . 2023-06-14 . Nordwest-Zeitung . de.
  15. News: Kotowski . Timo . 2023-01-30 . Ausland hilft Schleich-Figuren . de . Abroad helps Schleich figurines . Frankfurter Allgemeine Zeitung . 2023-06-14 . 0174-4909.
  16. Web site: Dierig . Carsten . 2016-01-27 . Ohne Schlümpfe: Schleich will Lego und Playmobil einholen . Without Smurfs: Schleich wants to catch up with Lego and Playmobil . 2023-06-14 . . de.
  17. News: 2020-03-19 . Schleich GmbH - Jahresabschluss zum Geschäftsjahr vom 01.01.2018 bis zum 31.12.2018 . de . Schleich GmbH - Financial statements for the fiscal year from 01.01.2018 to 31.12.2018 . Bundesanzeiger.
  18. News: 2018-04-23 . Schleich GmbH - Jahresabschluss zum Geschäftsjahr vom 01.01.2016 bis zum 31.12.2016 . de . Schleich GmbH - Financial statements for the fiscal year from 01.01.2016 to 31.12.2016 . Bundesanzeiger.
  19. News: 2016-04-21 . Schleich GmbH - Jahresabschluss zum Geschäftsjahr vom 01.01.2014 bis zum 31.12.2014 . de . Schleich GmbH - Financial statements for the fiscal year from 01.01.2014 to 31.12.2014 . Bundesanzeiger.
  20. News: 2014-11-18 . Schleich GmbH - Jahresabschluss zum Geschäftsjahr vom 01.01.2012 bis zum 31.12.2012 . de . Schleich GmbH - Financial statements for the fiscal year from 01.01.2012 to 31.12.2012 . Bundesanzeiger.
  21. Web site: Schleich Spielzeug Tierfiguren und Spielsets . Schleich toys animal figurines and playsets . 2023-06-14 . www.schleich-s.com . de.
  22. News: Jahberg . Heike . 2007-09-16 . Exportspielzeug: Made in Germany? Made in China! . de . Export toys: Made in Germany? Made in China! . . 2023-06-14 . 1865-2263.
  23. News: Bosch . Julia . 2022-12-22 . Öko bei Spielzeug kaum gefragt . de . Little demand for eco toys . 17 . Stuttgarter Nachrichten.
  24. Web site: Markert . Sandra . 2023-06-16 . Wohin mit altem Spielzeug? . Where to put old toys? . 2023-06-20 . Darmstädter Echo . de.
  25. Web site: Nachhaltigkeit bei schleich . 2023-06-20 . Schleich.
  26. News: Schießl . Michaela . 2007-12-21 . Elfenland ist abgebrannt . de . Elfland burned down . . 2023-06-14 . 2195-1349.
  27. Web site: Zahn . James . 2019-04-25 . Schleich Boosts Retail Footprint with Flagship Toy Departments in the U.S. • The Toy Book . 2023-06-14 . The Toy Book . en-US.