A €485m ($549.79m) agreement has been signed by Mayhoola for Investments S.P.C. to acquire a 100% interest in Pierre Balmain (Balmain).

First rumoured in February, the deal will see infusion of funds to help expand Balmain’s international business and set up a new accessories line.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all
"The deal will see infusion of funds to help expand Balmain’s international business and set up a new accessories line."

The acquirer is a Qatar-based investment fund, whereas the French target company manufactures and sells clothing, accessories and footwear.

UK-based retail distributor Appleby Westward Group will acquire Gillett’s Callington in a transaction that is expected to be completed in July.

Also based in the UK, the target company operates a chain of convenience stores.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.