LVMH-backed fund buys majority stake in Birkenstock

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LVMH-backed fund buys majority stake in Birkenstock

Birkenstock has agreed to promote a majority stake to LVMH-backed non-public fairness agency L Catterton, in a deal that brings the maker of comfortable, blocky sandals within the orbit of the French luxurious powerhouse. www.nasdaq.com



Birkenstock has agreed to promote a majority stake to LVMH-backed non-public fairness agency L Catterton, in a deal that brings the maker of comfortable, blocky sandals within the orbit of the French luxurious powerhouse.



www.nasdaq.com