Cygnett

Cognos Australia / Lempriere Wells acted as sell-side adviser to the shareholders of Cygnett on their sale to Wentronic.

Lempriere Wells, the Austalian member firm of Cognos, is pleased to announce that Wentronic Group (“Wentronic”) has acquired an 80% stake in Cygnett Pty Ltd (“Cygnett”). Lempriere Wells acted as sell-side adviser to the shareholders of Cygnett on the transaction.

Founded in 2003 by the Swann family, Cygnett has grown from selling protective cases for the first iPod into a leading Australian digital accessories brand, with distribution across Australia, the UK, US, Europe, New Zealand, Singapore, UAE, and the Philippines.

Wentronic, founded in 1992 and led by the Wendt family, is a German, family-owned manufacturer and international distributor of consumer electronics accessories with a strong footprint across Europe and other global markets.

The transaction brings together two long-established, family-owned consumer electronics businesses with complementary capabilities and shared values. The partnership will provide Cygnett with access to international growth opportunities, shared market insights, and supply chain efficiencies, while maintaining Cygnett’s operational independence.

Lempriere Wells advised the shareholders of Cygnett throughout the transaction, running a highly discreet, global, and competitive process. This included sourcing the ultimate buyer and soliciting the successful bid through a targeted international outreach and in-person roadshow across key global markets. Lempriere Wells led all aspects of the transaction, including strategic positioning, marketing, structuring, negotiations, and coordination of due diligence, delivering a compelling outcome for all shareholders.