Acquisition of Bally by the Labelux Group
The Labelux Group, a luxury goods holding company founded by the German Reimann family who also own Coty and a minority interest in Reckitt Benckiser, was searching for a global luxury brand as their initial investment in the segment. Based upon our in-depth knowledge of the global luxury goods sector and deep relationships, we identified and proactively approached Bally, a leading global designer and producer of Swiss leather shoes, accessories and ready-to-wear fashion, with considerable brand recognition for its craftsmanship and design.
Vendôme Global Partners’ professionals were the financial advisor to Labelux in its acquisition of Bally, which was executed on an exclusive basis outside of an auction process.
Sector: Fashion & Accessories