HINDMARCH INVESTOR EMERGES: Mayhoola for Investments is the new minority shareholder in Anya Hindmarch, according to industry sources. Earlier this month, the British accessories brand announced it had taken on a private investor group as a new minority shareholder, in a deal valuing the business at 70 million pounds, or $110 million. Last month, Mayhoola acquired Valentino Fashion Group.
Mayhoola replaced Kelso Place Asset Management LLP, which had held a minority stake in Anya Hindmarch since 2006. At the time Kelso bought its stake, the company was valued at 20 million pounds, or $37.7 million. Mayhoola is a vehicle backed by a private investor group from the Qatari monarchy. A spokeswoman for Anya Hindmarch declined to comment on the new investor.
This story first appeared in the August 20, 2012 issue of WWD. Subscribe Today.