LOOK completed the acquisition of Il Bisonte from Palamon for €100m.

LOOK, a Tokyo Stock exchange-listed fashion distribution specialist, completed the acquisition of Il Bisonte, a bags retailer, from Palamona, a European growth buyout private equity firm, for €100m ($113m). Over the past four years, Il Bisonte has re-launched its iconic brand and expanded its international presence in the United States, Europe and the Middle East, strengthening its influence in Asia as well, thanks to the Hong Kong-based retail company established when the first company-owned stores opened. “We are delighted with the sale of Il Bisonte which represents another strong result for Palamon. We specialise in helping founders and entrepreneurs transition and transform their companies into institutional businesses with accelerated growth. In Il Bisonte we discovered a true gem in the Italian market, a high-quality authentic brand steeped in artisanal heritage and were pleased to be able to unlock its global potential,” Fabio Massimo Giuseppetti, Palamon Partner.