Announced
Synopsis
Standard Investments, a private equity firm, agreed to acquire a majority stake in Brands4Kids, a children's clothing brand developer company. Financial terms were not disclosed. "BRANDS4KIDS A/S has demonstrated great and consistent growth. The company is already international with rapid global expansion based on its iconic brands and outstanding service to its customers. There are obvious attractive goals to reach for us in Brands4kids'Brands4kids' current market-strongholds, but also outside. The plan is to help BRANDS4KIDS A/S enter new and strengthen current markets in regions such as Germany, Benelux, Southern Europe, Canada, and Asia. We also have significant experience with successfully adding companies to a strong platform, and believe that BRANDS4KIDS is an ideal foundation for further ''buy and build'' in the global premium children'schildren's clothing market," Guido Grobbink, Standard Investment partner and director.
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