Bernard Arnault’s family office and L Catterton to buy German footwear group Birkenstock

    L Catterton, the private equity firm backed by Bernard Arnault’s LVMH, has agreed to buy the German footwear group Birkenstock in a deal that values the company at about €4bn. Birkenstock brothers retain stake in the company. Global lifestyle brand Birkenstock has reached an agreement to sell a majority stake in Birkenstock Group … Read more