By  on June 30, 2008

PARIS — Private equity firm Advent International has acquired a majority stake in French fashion chain Gerard Darel with a view to speed its global expansion. Financial terms were not disclosed.

In a statement, Advent said it would support a plan to double Darel’s turnover by doubling its store presence in France to 80 locations, and to expand its global presence. Management at the Paris-based firm, led by the founding family, will remain in place.

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