Sale of a group in the leather goods sector

Sale of a group in the leather goods sector

The Firm assisted a family holding company in the sale of a group of companies manufacturing luxury leather goods (nearly 350 employees spread over four production plants; more than €27 million in turnover in 2020).  After turning around and developing these businesses, acquired since 2017, the family holding company chose to structure a smooth capital and operational transition by selling the group to one of its managers, via a holding company.