Tower Arch Capital has sold branded footwear business KNS International to Centre Partners Management. The post Tower Arch exits footwear business KNS to Centre Partners Management first appeared on AltAssets Private Equity News.
Iconic sandalmaker Birkenstock has sold a majority stake in itself to consumer-focused private equity firm L Catterton in a €4bn deal amid the company reporting a record year despite the Covid-19 crisis.
Major footwear retailer Scholl has been bought by US private equity house Yellow Wood Partners to reunite the business with the Dr Scholl's brand after more than 30 years of separate ownership.
