Freshfields Advises Cinven as it Offloads Kurt Geiger Brand to Steve Madden
Freshfields is advising Cinven on its agreement to sell, with private capital partner Victoria Sigeti leading. Meanwhile, Steve Madden was advised by a cross-practice Travers Smith team on this transaction, led by corporate partner Jon Reddington, and supported by partner Jonathan Walters.
Private equity firm Cinven agrees to sell shoe brand Kurt Geiger for £289mn
Private equity firm Cinven has agreed to sell upmarket British shoe brand Kurt Geiger to New York-listed fashion group Steve Madden for about £289mn, in a deal that underlines the difficulty of buyout investments in European fashion businesses.
Cinven and Canada Pension Plan Investment Board acquired Hotelbeds, which since then has been rebranded as HBX Group, in September 2016.
Spanish travel technology firm HBX Group International Plc’s shares slid in their Thursday debut, marking a rocky start of ...
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