M&A Deal Summary

Morellato Acquires CHRIST

On January 1, 2023, Morellato acquired retailer CHRIST from 3i Private Equity

Acquisition Highlights
  • This is Morellato’s 1st transaction in the Retail sector.
  • This is Morellato’s 1st transaction in Germany.

M&A Deal Summary

Date 2023-01-01
Target CHRIST
Sector Retail
Buyer(s) Morellato
Sellers(s) 3i Private Equity
Deal Type Add-on Acquisition

Target

CHRIST

Hagen, Germany
CHRIST focuses on its own specialised stores in high street locations and shopping malls, along with flagship stores at airports and prestigious department stores. CHRIST was founded in 1863 and is based in Hagen, Germany.

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Buyer(S) 1

Buyer

Morellato

Padua, Italy

Category Company
Founded 1930
Sector Retail
DESCRIPTION

Morellato is a multi-brand retail of jewelery and watches. The Morellato Group includes various jewellery companies as well as jewellery and watch manufacturers. Morellato was founded in 1930 and is based in Padua, Italy.


DEAL STATS #
Overall 1 of 1
Sector: Retail M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Germany M&A 1 of 1
Year: 2023 M&A 1 of 1

Seller(S) 1

SELLER

3i Private Equity

London, United Kingdom

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1945
PE ASSETS 21.0B GBP
Size Mega
Type Sector Agnostic
DESCRIPTION

3i Private Equity is the private equity arm of 3i Group, a publicly held, global investment firm focused on private equity and infrastructure investing. 3i Private Equity generally targets buyout and growth capital financings and looks for opportunities across Europe, North America, and Asia. The Firm's targeted transaction range is €100 to €500 million. Industries of interest include business services, healthcare, consumer, media, oil/gas & power, technology, and financial services. 3i Group was originally formed in 1945 and is based in London.


DEAL STATS #
Overall 193 of 196
Sector: Retail M&A 9 of 10
Type: Add-on Acquisition M&A Deals 61 of 63
Country: Germany M&A 13 of 13
Year: 2023 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-11 VakantieDiscounter

Amsterdam, Netherlands

VakantieDiscounter is an online travel agency that offers price comparison brand mainly for beach holidays. VakantieDiscounter was founded in 2000 and is based in Amsterdam, Netherlands.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-05-22 Dutch Bakery

Tilburg, Netherlands

Dutch Bakery is a provider of home bake-off bread and snack products. The company develops and produces a variety of home bake-off products, such as baguettes, croissants, sausage rolls and bread snacks. Dutch Bakery serves an international client base and mainly produces for the grocery retail sector. Dutch Bakery was founded in 1936 and is based in Tilburg, Netherlands.

Sell -