Mentha Capital acquired Lucardi.

Mentha Capital acquired Lucardi, the largest jewelry retail chain in the Netherlands. Financial terms were not disclosed. Barend Rutten, Investment Director at Mentha Capital, said: “We are impressed by Lucardi’s successful omnichannel strategy executed so far and are convinced that the company is able to strengthen and expand its niche position in the fast-changing retail market. We look forward to actively supporting Lucardi in its next phase of development.” Completion of the transaction is subject to customary closing conditions. Closing is expected by the end of 2018.