Announced
Financials
Sources
Tags
Acquisition
Cross Border
Single Bidder
Private
Pending
Germany
Clothing and Accessories
Private Equity
Majority
Friendly
activewear clothes
Synopsis
Altor, a family of investment funds, agreed to acquire a majority stake in Oceansapart, an activewear apparel company. Financial terms are not disclosed. “Focusing on inclusivity, oceansapart is a uniquely positioned direct-to-consumer athleisure company. Its profitable growth track-record is truly impressive - having expanded into five countries within its first four years already. We are excited to partner with the founders on their continued internationalization journey," Giovanna Maag, Altor Partner.
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