Announced
Completed
Financials
Sources
Tags
luxury apparel & accessories
Private
Apparel Retailers
Acquisition
Majority
Cross Border
Friendly
France
Completed
Synopsis
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.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.