Investment Marquette Companies, owned by the family of Polad from Minnesota, acquired a controlling stake Polaroid for $ 70 million, according to Associated Press . Businessmen received at the disposal of a 65% stake. The deal was concluded on December 22.
«We did this for three reasons. Firstly, we continue to seek strategic opportunities for growth, and secondly, we believe Polaroid iconic brands with running licensing model, and thirdly, it is a local company with a solid management team, “- said the director of investment Marquette Companies Yann Osella Wilcox.
The world-renowned manufacturer of instant cameras went bankrupt in 2008, but Polaroid patents used by many of the company, and the company continues to receive payments.
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