KKR news and archive

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Business|Beauty

Coty to sell partial stake in Wella to KKR

Coty has confirmed that it has agreed to sell a 9 percent stake in professional haircare brand Wella to KKR in exchange for the redemption of half of KKR’s remaining convertible preferred shares in Coty. The deal will reduce Coty’s total shareholding in Wella to approximately 30.6 percent, which is valued at approximately 1.38 billion US...

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Management|UPDATE

Shandong Ruyi signs deal to acquire SMCP

Shandong Ruyi has signed a deal which would see the Chinese textile company acquire a controlling stake in fashion group Sandro, Maje and Claudie Pierlot (SMCP), valued at an estimated 1.3 billion euros. Shandong Ruyi confirms acquisition of SMCP News of the impending deal broke earlier this week, Evelyne Chetrite, founder and managing director...

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Member
Management|UPDATE

KKR moves closer to selling SMCP to Shandong Ruyi

London - SMCP, the fashion group consisting of French fashion labels Sandro, Maje and Claudie Pierlot is inching closer to a potential sale to Chinese textile manufacturer Shandong Ruyi, in a deal which is said to value the group at 1.3 billion euros (1.45 billions US dollars), including debt. News of the possible sale comes as US private equity...

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Business|UPDATE

KKR moves closer to selling SMCP to Shandong Ruyi

London - SMCP, the fashion group consisting of French fashion labels Sandro, Maje and Claudie Pierlot is inching closer to a potential sale to Chinese textile manufacturer Shandong Ruyi, in a deal which is said to value the group at 1.3 billion euros (1.45 billions US dollars), including debt. News of the possible sale comes as US private equity...

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Management

French luxury group SMCP prepares for IPO

SMCP, the parent company behind fashion luxury retailers Sandro, Maje and Claudie Pierlot has taken the first steps for a potential initial public offering (IPO). The company has filed a registration document with the French stock market regulator, the AMF, beginning the process for a possible IPO. "We are happy to register today our document de...

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FeaturedMember
Business

French luxury group SMCP prepares for IPO

SMCP, the parent company behind fashion luxury retailers Sandro, Maje and Claudie Pierlot has taken the first steps for a potential initial public offering (IPO). The company has filed a registration document with the French stock market regulator, the AMF, beginning the process for a possible IPO. "We are happy to register today our document de...

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Member
Business

Gerbi Family recovers the reigns of Gérard Darel

Gerard and Danielle Gerbi, founders of Gérard Darel, have acquired the brand from their financial partner and now former owner of the company, US fund Advent. After years of downward business and four months of uncertainty, the ready-to-wear high-end French brand returns to the hands of its founders Gerard and Danielle Gerbi, and their son...

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Member
Apparel

KKR in talks to buy Sandro and Maje

Private equity firm KKR has reportedly entered into exclusive talks to buy a majority share of French clothing brands Maje, Sandro and Claudie Pierlot, which are partially owned by LVMH chief executive Bernard Arnault. In January, the three brands were put up for auction to replace the two shareholders funds SMCP, L Capital (LVMH) and Florac,...

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