By  on March 28, 2013

PARIS — Kering said Thursday that its Redcats division has concluded the deal to sell Vertbaudet and Cyrillus, its children and familiy brands, to Alpha Private Equity Fund 6 for an enterprise value of 119 million euros, or $152.5 million at current exchange.

Kering, previously PPR, had announced last January it was in exclusive negotiations with Alpha.

To Read the Full Article

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus