Announced
Financials
Sources
Tags
United Kingdom
Private Equity
Pending
Diversified Retailers
Real Estate
retail stores
Private
Acquisition
Synopsis
Bluegem sold Liberty London, the British iconic brand and flagship store, to Glendower Capital, a global secondary private equity manager, for £300m ($375m). “I am grateful and proud of the team and of their achievements. I am confident we have built a truly differentiated business and assembled a first-class management team that will allow Liberty to reclaim its status as one of the most iconic brands in the world, and the last truly heritage British brand” said Marco Capello, Chairman of Liberty London.
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