Kirkland advises L Catterton on deal to acquire majority stake in BIRKENSTOCK Group
Kirkland & Ellis has advised L Catterton on an agreement together with its affiliates, as well as a group of investors including Financière Agache, the family holding company of Bernard Arnault, the CEO of LVMH, to acquire a majority stake in BIRKENSTOCK Group.
BIRKENSTOCK is a global lifestyle brand with a heritage in iconic footwear. With more than 4,300 employees worldwide, the sixth-generation family-run business is also one of the German footwear industry’s biggest employers.
The Kirkland team was led by transactional partners Ben Leyendecker, Joshua Kogan, Philip Goj, finance partners Neel V Sachdev, Jason Kanner, capital markets partner Matthew Merkle and included transactional partner Attila Oldag, tax partners Daniel Hiemer, Vincent Thorn and transactional associates David Huthmacher, Gregory Knight and Marcus Commandeur.