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Announced

Completed

B & Capital completed the acquisition of Seaport ODLM for €50m.

Financials

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Transaction Value£46m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Domestic

Private

Majority

Private Equity

Friendly

France

eyewear

Clothing and Accessories

Completed

Single Bidder

Synopsis

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B & Capital, an investment company, completed the acquisition of Seaport ODLM, a licensed eyewear frames provider, for €50m. “My ambition for Seaport ODLM is to pursue the expansion of the company, all the while maintaining the philosophy that we’ve had since the Group’s inception. Our growth will be underpinned by our key distinctive features: our human resources, the quality of our products and customer service, and our ability to constantly provide innovative designs. B & Capital and I share the same strategic vision for the Group. The partnership with Roland Berger, which has deep industry knowledge, will enable us to accelerate our growth in France and abroad," Francis Kessous, Seaport ODLM Co-Founder and President.

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