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Announced

Robus Capital Management and Whitebox Advisors to invest $54m into Gerry Weber.

Financials

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Transaction Value£44m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Germany

Apparel Retailers

Majority

fashion manufacturer

Private

Pending

retailer

Friendly

Private Equity

Synopsis

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Robus Capital Management, an asset management firm, and Whitebox Advisors, a multi-strategy alternative asset manager, agreed to invest $54m into Gerry Weber, a German fashion manufacturer and retailer. “We have experienced a very intensive investor process, which underlines the good market position and attractiveness of Gerry Weber. The reached results of the negotiations will allow for a significantly above average insolvency quota. At the same time, in the past months we achieved to not only stabilize the operational business within the scope of the self-administration, but to expand it prospectively,” Christian Gerloff, Gerry Weber Chief Representative.

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