219
Fashion Jobs
SHIMANO
Brand Coordinator
Permanent · UPPSALA
L'OREAL GROUP
Pharmacy Representative - Dermatological Beauty Division - Gothenburg Region
Permanent ·
GANT
Business Controller
Permanent · STOCKHOLM
GANT
Senior Business Controller
Permanent · STOCKHOLM
H&M
Operations Manager to h&m Distribution Center Borås
Permanent · BORÅS
H&M
Web Analyst / qa Data Layer Resource
Permanent · STOCKHOLM
H&M
Data Analyst to h&m – Supply Planning
Permanent · STOCKHOLM
H&M
Engineering Manager Sap Platforms, Sap Dev & Tech
Permanent · STOCKHOLM
H&M
Wifi Solution Architect - Network
Permanent · STOCKHOLM
H&M
Cyber Security Iam Manager
Permanent · STOCKHOLM
NAKD
Head of Sales
Permanent · GOTHENBURG
NAKD
Head of Commercial Business Control
Permanent · GOTHENBURG
H&M
Pension & Benefits Administrator And Process Improver
Permanent · STOCKHOLM
H&M
Technical Engineer For Warehouse Devices Management
Permanent · STOCKHOLM
H&M
Junior Planner to h&m Assortment- Open Application
Permanent · STOCKHOLM
RALPH LAUREN
Sales Professional
Permanent · STOCKHOLM
H&M
Advanced User Team Leader
Permanent · ESKILSTUNA
ZALANDO
Principal Product Manager - Data And Platform (All Genders)
Permanent · STOCKHOLM
ESSILORLUXOTTICA GROUP
Key Account Manager Nordics
Permanent · GOTHENBURG
H&M
Production Manager – Singular Society
Permanent · STOCKHOLM
ZALANDO
Senior Product Manager - Finance & Compliance (All Genders)
Permanent · STOCKHOLM
ZALANDO
Senior Product Manager - Returns Shipping Solutions
Permanent · STOCKHOLM
Ads
Translated by
Nicola Mira
Published
Jan 9, 2018
Reading time
2 minutes
Download
Download the article
Print
Text size

Investor trio team up to acquire cashmere label Eric Bompard

Translated by
Nicola Mira
Published
Jan 9, 2018

Apax Partners, the British private equity firm specialised in backing European SMEs, together with French sovereign fund BPIFrance, via two of its local investment funds, have joined forces with entrepreneur Xavier Marie, founder of Maisons du Monde, to acquire French cashmere label Eric Bompard.


Xavier Marie, Apax Partners and BPIFrance have teamed up to buy cashmere label Bompard - DR


The thirty-year-old family company has entered into exclusive negotiations with the three investors, and expects to finalise the operation in the first quarter of 2018. The objective is to boost Bompard's international footprint and accelerate the expansion of its online business.

Last October, FashionNetwork.com reported how dynamic French entrepreneur Xavier Marie entered into exclusive negotiations for Bompard's acquisition, targeting another label after the acquisitions of Bonton, Rautureau, Paule Ka and, more recently, Le Petit Souk. At the time, some analysts suggested that the cashmere label's valuation might reach €130 million, in other words ten times its EBITDA.

Eric Bompard was founded over thirty years ago, and generates a revenue of approximately €90 million. The group operates 56 stores and claims it sells 500,000 items per year.

The investors' consortium "is expected to take over the majority of the capital, with Xavier Marie holding the largest stake, while the Bompard family is planning to reinvest alongside its new partners, maintaining a minority interest," Apax Partners told the AFP agency.

Xavier Marie has recently built up a sizeable brand portfolio, and this time he is looking to his fellow investors, BPIFrance and Apax Partners, to support him in growing the French cashmere brand's business.

Copyright © 2024 FashionNetwork.com All rights reserved.