Hunkemöller lingerie chain now belongs to Americans

Hunkemöller lingerie chain now belongs to Americans

American investor Carlyle Group is now the new owner of Dutch lingerie chain Hunkemöller. French PAI Partners received an undisclosed sum to part with the chain, after it had been put up for sale several months ago.

Sycamore Partners is not the new owner

It seemed over the summer that another American investor, Sycamore Partners, would become Hunkemöller's new owner for a sum of about 440 million euro. Hunkemöller CEO Philip Mountford denied, at the start of September, that it was a done deal.

 

Now it appears Carlyle Group, another American investment fund, pipped Sycamore Partners to the chain. It is not clear how much the new owner paid for the number one in the Benelux lingerie market.

 

Dutch Hunkemöller has been around for nearly 130 years. Wilhelm Anton Caspar Hunkemöller and his wife Josephina Lexis opened the very first store in 1886 in Amsterdam and it has now become one of Europe's largest lingerie store chains, with more than 700 stores worldwide.

 

Carlyle Group has also earned its stripes in the fashion world: it increased its stake in Italian fashion chain Twin Set to 90 % earlier this year.

Questions or comments? Please feel free to contact the editors


Lucas Bols drunk in love with Passoã

16/11/2017

Liquor manufacturer Lucas Bols’ turnover has grown 23.8 % in the first six months of its broken fiscal year, to 48.8 million euro. Aside from 0.5 %, the entire growth is thanks to liquor brand Passoã’s integration.

"Hunkemöller prepares IPO"

16/11/2017

According to financial press agency Bloomberg, investment company Carlyle Group ordered Rothschild bankers to prepare an IPO for Hunkemöller.

Italian Food-focused theme park opens in Bologna

16/11/2017

Fans of Italian cuisine have to head to Italian Bologna, where Eataly World opened, a theme park focused on Italian pasta, wine, pizza and more.

CEO Bernard Deryckere will leave Alpro

16/11/2017

Bernard Deryckere, who was the man behind Belgian dairy company Alpro’s international success, will leave the company after sixteen years. Apparently, he will leave because of differences of opinion with its new owner, Danone.

Ahold USA trials robot in Giant Food Store

15/11/2017

Ahold USA is currently trialing a robot in a Giant Food Store. Its job is to detect dangers and then ask for assistance. He can also point out empty shelves and check prices.

India is promised land for Belgian apples and pears

14/11/2017

India is turning into the promised land for Belgian fruit farmers. It is already Belgian apples’ most important non-European market and Belgian pears are also promoted throughout the country.

Back to top