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Announced

20 Mar 2023

Completed

20 Mar 2023

Ermenegildo Zegna Group completed the minority stake in Norda Run.

Synopsis

Ermenegildo Zegna Group, an Italian luxury fashion house, completed the minority stake in Norda Run, a Montreal-based running shoe company. Financial terms were not disclosed.

Principals

target

Norda Run

bidder

Ermenegildo Zegna Group

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Market Context

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Seller Team (5)

caitlin rose

Partner at Fasken

Lawyer

target

Deals

£ 6.12 B

Total Value

alexandra lazar

Counsel at Fasken

Lawyer

target

Deals

£ 283 M

Total Value

nick martire

Co-Founder at NORDA RUN

Manager

target

Deal

n/a

Total Value

gemma caprio

Counsel at Fasken

Lawyer

target

Deals

£ 206 M

Total Value

alain ranger

Partner at Fasken

Lawyer

target

Deals

£ 1.11 B

Total Value

Bidder Team (1)

ermenegildo zegna

CEO at ERMENEGILDO ZEGNA GROUP

Manager

bidder

Deals

£ 2.32 B

Total Value

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