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P+P advised the management on the acquisition of shares in TriStyle Mode GmbH
Through its fifth fund, private equity investor Equistone Partners Europe, together with the management, has acquired all the shares in TriStyle Mode GmbH. The sellers are Primondo Specialty Group GmbH and Wirth Beteiligungs GmbH.
TriStyle Mode GmbH focuses, along with its subsidiaries Peter Hahn and Madeleine Mode, on women's fashion for the bestagers over 45 years of age. In financial year 2013/14, the group generated a turnover of around EUR 483 million with more than 1,100 employees.
The purchase price was not disclosed. The transaction is still subject to approval by the antitrust authorities. The closing of the acquisition is expected in September.
P+P Pöllath + Partners advised the management of TriStyle with the following team:
- Dr. Benedikt Hohaus (partner, lead, management participation, Munich)
- Dr. Tim Kaufhold (counsel, management participation, Munich)
