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Announced

Boohoo Group to acquire Karen Millen and Coast.

Financials

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Transaction Value£18m
Consideration Type-
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United Kingdom

fashion brand

Friendly

Acquisition

Pending

Clothing and Accessories

Private

Synopsis

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Boohoo Group, a leading online fashion group, offered to acquire Karen Millen and Coast, two renowned British fashion brands, for 18.2m. Boohoo Group believes that the online business of these brands would represent highly complementary additions to its scalable multi-brand platform and extend the group's offer as part of its vision to lead the fashion e-commerce market globally.

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