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LBO France completes acquisition of IKKS

LBO France has completed the acquisition, from Roger Zannier, of IKKS, a French ready-to-wear clothing brands focused on the “casual chic” segment. 

LBO France became the majority shareholder and Roger Zannier retained about 30 per cent of the company's capital. Furthermore, Silverfern, a fund specialised in co-investment, entered the capital structure of IKKS as a minority shareholder.

Alongside the management team, LBO France would continue to support the group’s growth, notably by accelerating its development in Paris, implementing a significantly strengthened communications programme, as well as supporting international expansion.
 
The IKKS Group has a portfolio of three complementary brands – IKKS, One Step and I.Code – offering creative and contemporary collections.

In 2014, the group’s sales exceeded EUR300 million, of which roughly 20 per cent was generated outside of France. IKKS is already present in Benelux, in Spain and in the Middle East and has recently opened points of sales in Germany. The group covers all distribution channels including a wide retail network of 526 boutiques, primarily located in prime areas in city centres, 218 department store corners as well as wholesale distribution and an online shop. 

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