Practice Areas - Corporate and M&A Law Firms and Lawyers
Deal Date: | 05-10-2015 | Practice Area: | Corporate and M&A |
Deal Title: | Sale of LauRie A/S Stake to Industri Udvikling | Industry: | Personal Goods |
Description: |
On Friday 2 October 2015, 40% of LauRie A/S was sold to Industri Udvikling.
LauRie manufactures and sells women's fashion clothing. LauRie was founded in 1987, and today its products are sold in over 1,100 retail shops and department stores in more than 20 countries.
Industri Udvikling is a private equity fund that primarily invests as a minority shareholder in B2B-focused businesses. The revenues of Industri Udvikling's total business portfolio come to approx. DKK 7.4bn, and these businesses employ around 5,500 people.
The owners of LauRie will continue in the day-to-day management.
Bech-Bruun has represented the owners of LauRie.
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Financial Center: | Copenhagen | Value: | 0.00-0.00 |
Advised Party: | Private Equity Investor | Law Firm | Bech-Bruun |
Target Company Jurisdiction | Denmark | Acquiror Jurisdiction | Denmark |
Classification: |
Financial Buyer Acquisitions Minority Investment |
Lawyer | Claus Berner Nielsen |