Hengeler Mueller advises EQT on sale of CBR Fashion Group
07. February 2018
EQT today announced that they have entered into an agreement to sell CBR Fashion Group (”CBR” or “the Company”) to UK based Alteri Investors.
CBR is one of the top five women’s fashion manufacturers in Germany. It has over 1,200 employees and supplies more than 8,300 sales outlets in 19 European countries. It operates under two long-term established brands: Street One and CECIL. Since EQT acquired the company, CBR has developed from a fast fashion wholesale retailer to a contemporary multi-channel women’s fashion provider with a strong e-commerce platform.
Hengeler Mueller is advising EQT on the transaction. The Hengeler Mueller team is led by partners Daniel Möritz and Hans-Jörg Ziegenhain (both Munich) and includes partners Kai-Steffen Scholz (Berlin), Martin Ulbrich (Düsseldorf) (all M&A) and Markus Röhrig (Antitrust, Düsseldorf) as well as associates Alexander Bekier (Berlin), Tobias Schneiders (Düsseldorf), Svitlana Gapalo (Munich) (all M&A) and Anja Balitzki (Antitrust, Düsseldorf).