L Capital and Florac acquire SMCP group

The newly created holding structure will regroup ready-to-wear fashion brands Maje, Sandro and Claudie Pierlot. The three brands' founding shareholder and management will hold the remaining 49% of the shares.

Financial details on the transaction have not yet been disclosed. The investors plan to accelerate the companies' international expansion, first in the US and then in Asia.

The unquote" team is currently researching this transaction. In-depth deal information for subscribers will follow shortly.

If you have any information regarding this transaction, please contact Grégoire Gille on +44 20 7484 9824 or gregoire.gille@incisivemedia.com

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