Announced
Completed
Financials
Tags
United Kingdom
Majority
Friendly
Private
luxury retail
Acquisition
Specialty Retailers
Cross Border
Joint Venture
Completed
Synopsis
Retail and real estate holding companies Central Group and Signa Holding, completed the acquisition of Selfridges Group, a leading luxury retail group, from the Weston family, for $5.4bn. “We are long-term investors with a well-established partnership and shared vision to reshape and reinvent the luxury retail industry. We are committed to create the world`s leading luxury omni-channel platform for all our customers through both online and offline channels. We are excited to meet and work with our new colleagues, as well as brand partners to achieve this vision,” Tos Chirathivat, Central Group Executive Chairman and CEO.
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