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L Catterton, the private equity firm backed by Bernard Arnault’s LVMH, has . German footwear brand Birkenstock is selling a majority stake to L Catterton, a .
L Catterton, the private equity firm backed by Bernard Arnault’s LVMH, has agreed to buy the German footwear group Birkenstock in a deal that values the company at about €4bn. German footwear brand Birkenstock is selling a majority stake to L Catterton, a private equity firm backed by Bernard Arnault’s LVMH. Birkenstock has agreed to sell a majority stake to LVMH-backed private equity firm L Catterton, it said on Friday. The family-owned German company said the deal would help it to grow in China and. Birkenstock, maker of what is affectionately deemed the original ugly sandal, has a luxurious new owner. The German company has been acquired by private equity firm L Catterton, it said in an .
German footwear group Birkenstock has been sold to a LVMH (MC.PA) subsidiary in a deal valuing the shoemaker at €4bn (.8bn, £3.5bn). L Catterton, a private equity firm backed by the French. Once looked down upon by the fashion elite, German sandal maker Birkenstock now finds itself in the company of Louis Vuitton and Givenchy, as a majority stake of the brand estimated at some .87 billion has been acquired by Bernard Arnault, the man behind the luxury behemoth LVMH.
L Catterton bought a majority stake in Birkenstock in 2021—a deal that valued the company at about .3 billion. L Catterton is backed by billionaire Bernard Arnault ’s LVMH, which owns 75. Birkenstock has agreed to sell a majority stake to LVMH-backed private equity firm L Catterton, it said on Friday, in a deal that brings the maker of comfy, blocky sandals in the orbit of. Private equity giant L Catterton and Financière Agache took a majority stake in Birkenstock, a 250-year-old German footwear maker. Birkenstock, founded in 1774 by Johann Adam Birkenstock, is valued now at over Billion. Private esuity firm L Catterton is making the purchase. Birkenstock image: lumei L Catterton, a private equity firm backed by the luxury conglomerate LVMH, announced that it is acquiring Birkenstock.
L Catterton, the private equity firm backed by Bernard Arnault’s LVMH, has agreed to buy the German footwear group Birkenstock in a deal that values the company at about €4bn. German footwear brand Birkenstock is selling a majority stake to L Catterton, a private equity firm backed by Bernard Arnault’s LVMH.
Birkenstock has agreed to sell a majority stake to LVMH-backed private equity firm L Catterton, it said on Friday. The family-owned German company said the deal would help it to grow in China and. Birkenstock, maker of what is affectionately deemed the original ugly sandal, has a luxurious new owner. The German company has been acquired by private equity firm L Catterton, it said in an . German footwear group Birkenstock has been sold to a LVMH (MC.PA) subsidiary in a deal valuing the shoemaker at €4bn (.8bn, £3.5bn). L Catterton, a private equity firm backed by the French.
Once looked down upon by the fashion elite, German sandal maker Birkenstock now finds itself in the company of Louis Vuitton and Givenchy, as a majority stake of the brand estimated at some .87 billion has been acquired by Bernard Arnault, the man behind the luxury behemoth LVMH.
L Catterton bought a majority stake in Birkenstock in 2021—a deal that valued the company at about .3 billion. L Catterton is backed by billionaire Bernard Arnault ’s LVMH, which owns 75. Birkenstock has agreed to sell a majority stake to LVMH-backed private equity firm L Catterton, it said on Friday, in a deal that brings the maker of comfy, blocky sandals in the orbit of. Private equity giant L Catterton and Financière Agache took a majority stake in Birkenstock, a 250-year-old German footwear maker.
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