GERMANY - EQT acquires German fashion group from Apax and Cinven
EQT V has agreed to buy 100% of German fashion group CBR Holding GmbH (CBR) from Apax and Cinven.
CBR is a women’s clothing company with a network of 850 store partners, which operate free standing stores, more than 1,500 shops-in-shops and 5,600 multi label partners. CBR’s three brands, Street One, Cecil and One Touch, generated sales of over EUR 600m in 2006 and the company has more than 500 employees.
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