Montefiore to take majority share in Isabel Marant

The enterprise value is rumoured to be around €300m for the deal. The founder and her business partners, Sophie Duruflé and Nathalie Chemouny, will hold 49% of the capital following the transaction.

With Montefiore's backing, Isabel Marant wants to keep growing her business and expanding internationally (the US is currently the company's first market in terms of sales) and to launch a digital platform within the next year.

Meanwhile, Montefiore will aim to grow the brand's accessories activity, which it sees as still undeveloped (ready-to-wear currently accounts for 70% of the sales and shoes for 30%). It will also look to open up more stores in international capitals, the GP said in a statement.

Company
Isabel Marant is a French fashion brand founded in 1994. Originally consisting of a line of jerseys and knitwear, the brand now offers footwear, clothing, jewellery and accessories.

The brand has 22 stores under management and operates via 800 vending points overall, many of which are in large department stores such as Harrods, Harvey Nichols, Barneys and Bergorf Goodman. It currently generates a €150m turnover, 80% of which comes from international sales in countries such as Korea, Dubai and the UK.

People
Montefiore Investment – Eric Bismuth (president).

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• Topics
• Buyouts
• France
• Consumer
• France
• Owner buyout
• Montefiore Investment