October 19, 2017 11:29 AM ET

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Company Overview of Leica Camera AG

Company Overview

Leica Camera AG manufactures and supplies precision photographic and optical equipment for birding and observing wildlife. It offers M-system cameras, S-system cameras, and compact cameras; binoculars, riflescopes, rangefinders, and spotting scopes; and spare parts. The company also provides repairs and services for optical equipment; and photographic education through workshops in North America. It sells its products through a network of dealers and stores worldwide. Leica Camera AG has strategic partnerships with Huawei Consumer Business Group and Exclusive Resorts. The company was founded in 1907 and is headquartered in Solms, Germany with a location in Portugal.

Oskar-Barnack-Strasse 11

Solms,  35606

Germany

Founded in 1907

Phone:

49 6442 208 0

Fax:

49 6442 208 333

Key Executives for Leica Camera AG

Chairman of the Board of Management and Chief Executive Officer
Age: 60
Chief Financial Officer and Member of Management Board
Age: 54
Chief Operating Officer and Member of Management Board
Chairman of The Supervisory Board and Managing Director
Compensation as of Fiscal Year 2017.

Leica Camera AG Key Developments

Blackstone Said To Hire Morgan Stanley To Help Find Buyer For Its 45% Leica Stake

The Blackstone Group L.P. (NYSE:BX) is reportedly seeking to sell 45% stake in Leica Camera AG. The Blackstone Group hired Morgan Stanley to find a buyer for its 45% stake in Leica, Reuters reported, citing people familiar with the matter. If valued in line with luxury groups, the company's enterprise value at a sale could be €840 million to €980 million ($1 billion to $1.2 billion), Reuters added.

Blackstone Reportedly In Talks To Sell Stake In Leica Camera

The Blackstone Group L.P. (NYSE:BX) in talks to sell stake in Leica Camera AG, sources. Blackstone is speaking with potential buyers of its 45% stake in Leica, people close to the matter said. The investor has teamed up with an investment bank to work out strategic options for the company and has already held talks with several potential acquirers, the people said, adding no official auction process was ongoing. Blackstone declined to comment. Blackstone is trying to cash in on Sydney’s surging office market with plans to put a Castlereagh Street tower on the block with hopes of about $150 million.

Leica Camera Unveils Leica SOFORT, First Instant Film Camera

Leica Camera announced the newest member of its family: the Leica SOFORT. The SOFORT instant camera boasts a unique Leica design with special features, offering quick and easy access to photography that will have users seeing and sharing real photographs within seconds. With the SOFORT, the company brings its photographic expertise, commitment to creativity, and ease of use to the world of Instax instant photography. The Leica SOFORT provides opportunities to create small tangible works of art and lasting memories. The Leica design team has developed the SOFORT to differ from other instant cameras in a number of essential aspects. SOFORT users will be equipped with a camera that not only comes in stylish choices of orange, white and mint colors that reflect the light-hearted fun of instant photography, but also an easy-to-use creative tool that can handle more dynamic situations than a traditional instant camera. In automatic mode, the SOFORT utilizes available light as much as possible before triggering the flash, creating pictures with a more authentic, natural look that are one-of-a-kind and cannot be replaced or reproduced. In addition to preset modes for Automatic, Party & People, Sports & Action, Macro and the creative possibilities of multiple exposures and time exposures, the SOFORT also has self-portrait and self-timer modes. The camera automatically adapts exposure time and aperture to the mode the user selects. The SOFORT works with both color and black-and-white film. In a nod to the nostalgic character of instant photography, the border frames of instant film offered by Leica for the SOFORT are a warm cream color. All Leica SOFORT film packs come with 10 exposures. Color film is also available in double packs of 20 exposures. Easy to use and fun to accessorize, Leica SOFORT will see a comprehensive range of accessories for both the camera and its unique pictures. Carrying straps are available in mint, orange, and black & white to perfectly match the colors of the camera and keep it secure, while stylish Leica SOFORT cases for protecting the camera come in black or brown.

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