Puma invests £2.35m in Le Col

The funding round includes the option to increase the investment to £3.5m.

Le Col will use the funds to undertake an international expansion strategy.

As part of the deal, Puma's managing director, Tommy O'Sullivan, will take a seat on the Le Col board of directors.

The brand raised £1m from crowdfunding in 2017.

Company
Le Col was established in 2011 by former professional cyclist Yanto Barker, and manufactures cycling apparel. The company is based in London with a factory in Treviso, Italy.

People
Puma Private Equity – Tommy O'Sullivan (managing director).
Le Col – Yanto Barker (founder).

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• Topics
• Expansion
• UK / Ireland
• Consumer
• United Kingdom