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New Deal


Announced

Completed

Thom and Renaissance Luxury-backed Altesse completed the acquisition of Agatha from King Power Luxembourg.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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luxury apparel & accessories

Private

Apparel Retailers

Acquisition

Majority

Cross Border

Friendly

France

Completed

Synopsis

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Thom, a jewelry retailer, and Renaissance Luxury-backed Altesse, a jewelry manufacturer, completed the acquisition of Agatha, a jewelry manufacturer, from King Power Luxembourg. Financial terms were not disclosed. “To this emblematic brand of French jewelry, its letters of nobility and its influence in France and internationally. We are convinced that by working as a team, we will make Agatha a new brand leader in its market thanks to distribution channels that must become powerful again,"Eric Lefranc and Romain Peninque, Renaissance President and Thom CEO.

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