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Announced

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Permira completed the acquisition of a majority stake in Golden Goose from The Carlyle Group for €1.3bn.

Synopsis

Permira completed the acquisition of a majority stake in Golden Goose, one of the fastest growing and most distinctive luxury fashion brands, from The Carlyle Group for €1.3bn ($1.4bn). “I’m very happy to welcome Permira as our new partners. Their expertise and knowledge of the consumer sector will be invaluable to us as we continue to grow and deliver our products to an increasingly global audience. The events of recent months haven’t changed our growth ambitions and we remain strongly convinced of the brand’s potential. As a testament to this, I’m proud to say that the management team have all reinvested their proceeds back into the company – the best and most tangible sign of how much we believe in the future success of Golden Goose and how united we are as a team. I’d also like to take this opportunity to thank Carlyle for their support over the years and we are delighted to be renewing this successful partnership,” Silvio Campara, Golden Goose CEO.

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