Carlyle’s Reinvestment of a Minority Stake in Hunkemöller

In UK Allen & Overy, advised on the matter.

Allen & Overy advised Opportunity Partners, Parcom Capital with a team including Cathy Bell-Walker (Finance), John Kicken (Picture – Finance).

Leading European lingerie brand Hunkemöller announced that an agreement has been reached for the sale of the company to leading Dutch investors. Global investment firm Carlyle (NASDAQ: CG), an existing shareholder, will reinvest for a minority stake. The new investors have an established track record in developing retail and e-commerce consumer goods brands and are ideally suited to support Hunkemöller’s strategic ambitions. Amongst the investors are Parcom, a Dutch investment company, and Opportunity Partners, the investment company of Dutch entrepreneur Robert van der Wallen. The terms of the transaction are not disclosed.

Hunkemöller is a global, omnichannel retailer specialising in lingerie and related products.

The Carlyle Group is an American multinational private equity, alternative asset management and financial services corporation.

The A&O team comprised lead partners John Kicken (picture) and Cathy Bell-Walker, senior associate James Green, and associates Sampada Bannurmath, Katrien Wilmots, Ivan Orsolini, Jeff Xu, Giacomo Geronico Orlandi, Sykes Mitchell and Andre-Pierre Cronje in London, partners Femke Bierman and Erik-Jan Wagenvoort in Amsterdam, partner Walter Uebelhoer in Munich and partner Yves van Pul in Brussels.

Involved fees earner: Sampada Bannurmath – Allen & Overy; Cathy Bell-Walker – Allen & Overy; Femke Bierman – Allen & Overy; Giacomo Geronico Orlandi – Allen & Overy; James Green – Allen & Overy; John Kicken – Allen & Overy; Sykes Mitchell – Allen & Overy; Ivan Orsolini – Allen & Overy; Walter Uebelhoer – Allen & Overy; Yves Van Pul – Allen & Overy; Erik-Jan Wagenvoort – Allen & Overy; Katrien Wilmots – Allen & Overy; Jeff Xu – Allen & Overy;

Law Firms: Allen & Overy;

Clients: Opportunity Partners; Parcom Capital;

Author: Giulia Di Palma