Announced
Completed
GENUI sold its 42% stake in Closed to the firm's management.
Financials
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For42%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-
Sources
Tags
Minority
Friendly
Private
Germany
Clothing and Accessories
Private Equity
fashion brand
Acquisition
Completed
Single Bidder
Synopsis
Private equity firm GENUI sold its 42% stake in Closed, a German fashion brand which has produced jeans and other clothes since 1978, to the firm's management. Financial terms were not disclosed.
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