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NETHERLANDS - GIMV acquires Bandolera

Domitille Lainey
30 June 2008

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GIMV has acquired a majority stake in Bandolera, a Dutch clothing company. The management retains a substantial minority stake.

Bandolera consists of the clothing brands Bandolera, which is aimed at women in the 30 to 55 year old age range, and NTS, which is focused on casual clothing for women between 25-45 years old. The company employs 135 staff and recorded a turnover of EUR 52m in 2007.

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