Announced
Completed
Financials
Tags
Majority
Domestic
Private
Single Bidder
Clothing and Accessories
Switzerland
Friendly
Acquisition
cinema chain
zippers
Completed
Synopsis
Oerlikon, a technology group, completed the acquisition of Riri, a provider of coated metal accessories for the luxury fashion industry. Financial terms were not disclosed. “Riri is highly complementary to our existing luxury business and will reinforce our fashion jewelry and metallic components for leather goods. It is the ideal next step after our acquisition of Coeurdor in 2021 and will make us a market leader and an integrated provider with a complete offering of coated luxury metalware for high-end fashion brands. The acquisition will drive cross-selling and strengthen our footprint in the global luxury metalware market, which sees mid- to-high single-digit growth rates annually," Michael Suess, Oerlikon Executive Chairman.
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.