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LVMH-backed fund buys majority stake in Birkenstock

LVMH-backed fund buys majority stake in Birkenstock Reuters Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account Getting audio file . This translation has been automatically generated and has not been verified for accuracy. Full Disclaimer Birkenstock has agreed to sell a majority stake to LVMH-backed private equity firm L Catterton, it said on Friday, in a deal that brings the maker of comfy, blocky sandals in the orbit of the French luxury powerhouse. The family-owned German company did not disclose financial details of a deal it said would help it to grow in China and India as well as expand its online business.

LVMH et la famille Arnault acquièrent une majorité du fabricant de sandales Birkenstock

LVMH et la famille Arnault acquièrent une majorité du fabricant de sandales Birkenstock
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