German shoe manufacturer Birkenstock to sell minority stake to L Catterton and Financière Agache
Birkenstock, a German shoe manufacturer, has agreed to sell a majority stake to private equity firm L Catterton and its affiliates including Financière Agache. Financière Agache is the family investment company of billionaire Bernard Arnault, who is the chairman and chief executive of French luxury conglomerate LVMH Moët Hennessy – Louis Vuitton. The financial terms of the […]