birkenstock e louis vuitton | louis vuitton white flat sandals birkenstock e louis vuitton 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 . Pink Raiders | Baby Helmet Painter | Cranial Band Artist | DOC Band Artist
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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 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 .
Market watchers have suggested that Birkenstock may develop the same way German luggage brand Rimowa has since LVMH bought a majority stake from that family . 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 .1 March 2021. In a deal thought to be worth a cool £3.5 billion, Parisian super-conglomerate LVMH announced on Friday that it had acquired the majority stake in family-owned German .
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 .Mar 2, 2021 Germany. The Germany-based lifestyle brand has reached an agreement to sell a majority stake in Birkenstock Group to L Catterton, the private equity firm, and its affiliates . Once shunned by the fashion world, the iconic German sandal company will now be part of LVMH’s portfolio alongside brands such as Dior, Louis Vuitton, and Fendi. The deal . Birkenstock and Co. said Friday that it has agreed to sell a majority stake to L Catterton, a private-investment firm linked to French luxury-goods conglomerate LVMH Moet .
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