Mergers and acquisitions news and archive

American Exchange Group acquires skincare brand Indie Lee

American Exchange Group has announced the acquisition of clean beauty skincare brand, Indie Lee. Founded in 2010, the company said in a release, Indie Lee is known for its range of clean skincare products. As a pioneer in the clean beauty movement, Indie Lee uses the natural, naturally-derived, and organic ingredients, combined with the advanced...

Report

GAB Group takes over nine Scotch & Soda stores in Belgium

Bluestar Alliance, owner of Scotch & Soda, has announced that the Alain Broekaert Group (GAB) has taken over nine Belgian Scotch & Soda stores, including those in Antwerp, Ghent and Bruges. They will continue as Scotch & Soda stores and reopen as early as autumn 2024. "We are delighted with this acquisition," said Alain Broekaert, CEO of GAB....

Report

Macy’s ends acquisition talks with Arkhouse and Brigade Capital

Macy’s has announced that, following over seven months of engagement with Arkhouse and Brigade Capital, its board has decided to terminate discussions that failed to lead to an actionable proposal with certainty of financing at a compelling value. The company’s management team will return its full focus on enhancing shareholder value through the...

Report

Calida Group to focus on core lingerie business, sells Lafuma Mobilier to Peugeot

Calida Group has received a binding offer from Peugeot Frères Industrie for the sale of Lafuma Mobilier. With the intended sale, the company said in a release that Calida Group is parting with the furniture brand, which is not part of its core underwear and lingerie business. For the first half year, Calida Group added that in line with the...

ManagementFeatured

WSG acquires American fashion brand Von Dutch

WSG Brands has announced the acquisition of Von Dutch, the Hollywood fashion and lifestyle brand that is popularly known for its bold presence and iconic styles. Under its new ownership, Von Dutch will be headed by Jack Cheika and Marc Benitez, WSG's CEO and COO. Von Dutch boasts a significant international presence in regions including the USA,...

Report

American Exchange Group acquires footwear brand Island Surf Company

American Exchange Group has acquired Island Surf Company, a footwear brand synonymous with coastal comfort and style. Founded in 2008, Island Surf Company utilises proprietary technologies to economically create products with superior comfort, performance, and support. These technologies include lightweight recovery foam, shock-absorbing return...

Report

Givaudan completes the acquisition of Italian beauty firm B.Kolor

Givaudan has completed the acquisition of B.Kolor makeup & Skincare, an Italian company specialising in developing and producing finished make-up and skincare products. “After three years of successful partnership with B.Kolor, this is a great achievement for Givaudan to complete this acquisition, promising a very exciting journey,” said...

Report

LVMH acquires high-end Swiss clock maker L'Epée 1839

LVMH has acquired Swiza, owner of L'Epée 1839, a Swiss manufacturer of high-end clocks and authentic 'objets d'art' featuring exceptional mechanisms and intricacies. Under the LVMH umbrella, more than 80 designers, engineers, watchmakers, mechanics and employees alongside L'Epée 1839 CEO and creative director Arnaud Nicolas will continue to...

Report

L Catterton acquires Naomi Watts' Stripes Beauty

Stripes Beauty brand launched by actress Naomi Watts in 2022 has been acquired by investment firm L Catterton. The company said in a release that Stripes Beauty was founded by Watts with the mission to normalise conversations about menopause and other symptoms associated with natural hormonal changes as women age. Since its creation, Stripes...

Report

Myer proposes strategic merger with Premier’s apparel business

Myer Holdings has approached Premier to explore a potential combination with its Apparel Brands business to create one of the leading retail and apparel companies across Australia and New Zealand. Apparel Brands is a leading clothing business with a portfolio comprising the Just Jeans, Jay Jays, Portmans, Jacqui E, and Dotti brands. It has a...

Report

FullBeauty acquires US-based plus-size retailer Avenue

FullBeauty has acquired Avenue Stores from City Chic Collective, an Australian publicly traded company. Avenue is a US-based digital specialty retailer of plus-size apparel, targeting women aged 25 to 55. Avenue, which closed its 220 store portfolio across 35 states in 2019, continues to operate an ecommerce business selling through Avenue.com...

Report

ECGI acquires Pacific Saddlery to strengthen presence in the equestrian luxury market

ECGI Holdings, a diversified holding company with a portfolio in viticulture and luxury fashion has signed a letter of intent (LOI) to acquire all outstanding shares of Pacific Saddlery, a manufacturer and retailer of luxury equestrian tack, apparel and accessories. The company said in a release that Nick Collins, a well-known professional in...