Monnier Frères has been acquired by Groupe Louis Delhaize
The private shareholders of Monnier Frères, an internet retailer of high-end fashion accessories and handbags for women, have sold 80% of the company to Groupe Louis Delhaize, a retail group based in Belgium, who will retain an option to buy the remaining shares still owned by the founders. This transaction has been valued in US$12.5 million.
Louis Delhaize Group operates food supermarkets and hypermarkets in Belgium, France, Luxembourg, Romania and Hungary. The company was established in 1850 by Louis Delhaize.
Oaklins' team in France raised capital for Monnier Frères from Jaïna Capital (the investment fund of Meetic founder Marc Simoncini) in 2010 and was mandated in 2012 to sell the company.
Talk to the deal team
Related deals
Terra Holding S.r.l. has launched a voluntary public tender offer for Gibus S.p.A.
Terra Holding S.r.l. has initiated a voluntary public tender offer for the shares of Gibus S.p.A.
Learn moreStones Infra Projects has raised debt finance
This transaction marked a successful debt raise to fund Oleander Farms’ growth. Strategically located in Karjat between Mumbai and Pune, this five-star resort caters to luxury travelers, MICE (meetings, incentives, conferences and exhibitions), weddings and large-scale events. The rising demand for additional room inventory to host sizable gatherings, along with the scarcity of large-format resorts in the region, were key drivers behind raising capital to accelerate expansion.
Learn moreCAT Agencies has joined forces with furniture specialist 2-Connect
CAT Agencies AS, an agency specializing in home textile products, has been acquired by 2-Connect.
Learn more