LVMH-Backed L Catterton Nears Deal to Acquire Birkenstock

LVMH-Backed L Catterton Nears Deal to Acquire Birkenstock

It looks like the long rumoured private equity takeover of family-owned Birkenstock could actually be happening soon. But it’s not likely to be CVC capital partners that’s buying it. Instead L Catterton, the group with close links to LVMH, is “nearing an...
Illycaffe clinches alliance with Rhone Capital, eyes IPO

Illycaffe clinches alliance with Rhone Capital, eyes IPO

Premium coffee maker illycaffe said on Thursday it completed the sale of a 20% of its capital to U.S. private equity firm Rhone Capital, adding that future expansion could also entail an initial public offering. The transaction with Rhone Capital is aimed at speeding...