M&A Deal Summary

Labelux Group Acquires Jimmy Choo

On July 1, 2011, Labelux Group acquired apparel/textiles company Jimmy Choo from TowerBrook Capital Partners for 811M USD

Acquisition Highlights
  • This is Labelux Group’s 1st transaction in the Apparel/Textiles sector.
  • This is Labelux Group’s largest (disclosed) transaction.
  • This is Labelux Group’s 1st transaction in the United Kingdom.
Investment Fate
  • Jimmy Choo was divested to a consortium of strategic buyers in 2017 for 1.4B USD.

M&A Deal Summary
Date 2011-07-01
Target Jimmy Choo
Sector Apparel/Textiles
Buyer(s) Labelux Group
Sellers(s) TowerBrook Capital Partners
Deal Type Add-on Acquisition
Deal Value 811M USD

Target

Jimmy Choo

London, United Kingdom
Jimmy Choo is a branded designer, wholesaler and retailer of women’s shoes remain the core of the product offering, alongside handbags, small leather goods, scarves, sunglasses, eyewear, belts, fragrance and men’s shoes. Jimmy Choo was founded in 1996 and is based in London, United Kingdom.

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Buyer(S) 1

Buyer

Labelux Group

Caslano, Switzerland
Category Company
Sector Distribution
DESCRIPTION

LABELUX Group GmbH distributes luxury goods. It offers ready-to-wear, women's shoes, handbags, small leather goods, scarves, sunglasses, eyewear, belts, fragrance, men's shoes, women's accessories, and outerwear.

DEAL STATS #
Overall 2 of 2
Sector (Apparel/Textiles) 1 of 1
Type (Add-on Acquisition) 2 of 2
Country (United Kingdom) 1 of 1
Year (2011) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-04-22 Bally International AG

Switzerland

Bally International AG is a luxury retailer focused on selling its premium-priced shoes. Its other products include accessories (briefcases, handbags, neckwear and scarves) and apparel. Bally sells its products at company-owned stores worldwide.

Buy $600M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-07-25 Jimmy Choo

London, United Kingdom

Jimmy Choo is a branded designer, wholesaler and retailer of women’s shoes remain the core of the product offering, alongside handbags, small leather goods, scarves, sunglasses, eyewear, belts, fragrance and men’s shoes. Jimmy Choo was founded in 1996 and is based in London, United Kingdom.

Sell $1.4B

Seller(S) 1

SELLER

TowerBrook Capital Partners

New York, New York, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2001
PE ASSETS 17.4B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

TowerBrook Capital Partners is a private equity firm focused on leveraged buyouts, leveraged build-ups and distressed situation investments throughout North America and Europe. TowerBrook prefers control-oriented investments and actively pursues complex situations that other firms may avoid. Target sectors include consumer services, distribution, beverages, pharmaceuticals, media, technology, communications, software, and healthcare. TowerBrook Capital Partners was established in 2001 and is headquartered in New York City.

DEAL STATS #
Overall 16 of 45
Sector (Apparel/Textiles) 2 of 3
Type (Add-on Acquisition) 8 of 21
Country (United Kingdom) 1 of 9
Year (2011) 4 of 5
Size (of disclosed) 3 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-03-01 PolymerLatex

Marl, Germany

PolymerLatex is the third largest latex producer in Europe, serving the paper, carpet and moulded foam, and specialties end-user markets.

Sell £376M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-08-01 pack2pack Group N.V.

Halsteren, Belgium

Pack2Pack, is a provider in the reconditioning, recycling and distribution of steel drums and other fixed industrial packaging products. P2P also recycles used industrial packaging materials and manufactures small packaging containers from tinplate.

Sell -
Mergr

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