Announced
Completed
Financials
Sources
Tags
Private
Friendly
Single Bidder
Clothing and Accessories
Completed
fashion brand
Private Equity
Acquisition
Norway
Cross Border
lifestyle brand
Majority
Synopsis
Sequoia Capital, an American venture capital firm, completed the investment in Holzweiler, a contemporary Norwegian fashion and lifestyle brand. Financial terms were not disclosed. The investment will also be used to expand Holzweiler's bricks-and-mortar business with new physical retail experiences, including a new flagship opening in Copenhagen in October 2022 and its first London outpost in spring 2023. These will add to its existing six stores, including the fashion, beauty and furniture concept-store Holzweiler multibrand store.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.