
Oakley to acquire Globe-Trotter
Oakley Capital has agreed to acquire a majority stake in luxury luggage brand Globe-Trotter Group.
The firm drew equity from its Oakley Capital Private Equity III vehicle, which closed on €800m and was 70% deployed as of June 2018.
Oakley Capital Investments, a listed investment vehicle that has positions in Oakley capital funds, has invested around £10.6m through Fund III.
The vendor of the shares is Japanese entrepreneur Toshiyasu Takubo, who will retain a minority stake in the company. During his ownership of the company, Takubo has focused on developing the brand in Japan.
Oakley intends to strengthen Globe-Trotter's position in the luxury travel luggage market, via continued online and offline expansion.
Company
Founded in 1897 in Germany, the company shifted its headquarters to London in 1932. It manufactures luxury luggage out of a production facility in Hertfordshire.
People
Oakley Capital - Peter Dubens (managing partner).
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