Home / Knowledge / News / Fashion / Garant Schuh + Mode sells Pasito-Fricker to Ludwig Görtz
Garant Schuh + Mode sells Pasito-Fricker to Ludwig Görtz
01
Jun '10
Garant Schuh + Mode AG, a European specialty retailer for shoes, sports goods and leatherwear, sold subsidiary Pasito-Fricker to Ludwig Görtz GmbH.

Pasito-Fricker operates approximately 60 shoe shops in Switzerland in the luxury, fashion and family segments. With the takeover of 99,97% of the share portfolio held by GARANT (retroactive to January 1st, 2010) Görtz enters the Swiss market. GARANT continues to coordinate Central Regulation for Pasito-Fricker.

The DRSdigital virtual data room was chosen as the due diligence platform for the transaction. The DRSdigital platform provides an optimal foundation for the easy and efficient execution of online due diligence. Using this highly secure virtual data room, all transaction relevant data can be accessed via web at any time and from any location that has web access. The industry-leading speed of the unique document viewing technology enables due diligence analysts to work faster and more comfortably. In addition to the viewer, DRSdigital also supplied the Q&A Management system that is integrated into its virtual data room.

In November 2009 GARANT commissioned the investment bank Sal. Oppenheim (Corporate Finance Team in Zurich) for the search for a strategic partner for Pasito-Fricker.

The parties involved have agreed not to disclosure the details of the share purchase agreement.

DRSdigital is a transaction services provider specializing in highly secure, fast and reliable virtual data rooms. DRSdigital data rooms can be used for a variety of purposes as the solutions and services are customized to each customer´s specific needs. DRSdigital facilitates complex transactions in the areas of M&A, Private Equity, Non-Performing Loans and Initial Public Offerings although the transaction specialist is likely best known as the market leader for large cap real estate transactions.

DRS Frankfurt


Must ReadView All

China reportedly cancels trade talks with US, Liu He visit

Apparel/Garments | On 22nd Sep 2018

China reportedly cancels trade talks with US, Liu He visit

Washington is reportedly positive about arriving at a solution to its ...

AmCham Cambodia cautions US against possible sanctions

Apparel/Garments | On 22nd Sep 2018

AmCham Cambodia cautions US against possible sanctions

In a letter to US lawmakers, the American Chamber of Commerce...

Courtesy: ycloset

Apparel/Garments | On 22nd Sep 2018

Alibaba invests in clothes sharing platform Ycloset

Chinese garment sharing platform YCloset has completed an undisclosed ...

Interviews View All

Hannah Lane, Redress

Hannah Lane
Redress

Encouragement from brands will motivate supply chains to become more...

Manfred Mentges, Sedo Treepoint GmbH

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

Mandeep Nagi, Shades of India

Mandeep Nagi
Shades of India

Women value something that is unique and has a flavour of India

Sugandha Bhardwaj,

Sugandha Bhardwaj

<div>New Delhi-based Brinjal Designs Pvt Ltd manufactures home furnishing...

Siddhachakra Weaving (Badiya Fashion),

Siddhachakra Weaving (Badiya Fashion)

Ahmedabad-based Siddhachakra Weaving Pvt Ltd was established in 2011 under ...

Maya Simova,

Maya Simova

Inter Expo and Congress Center (IEC) is a prominent exhibition centre in...

Silke Brand-Kirsch, Schlegel und Partner

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Luis Quijano, Liberty University

Luis Quijano
Liberty University

Focusing on bold patterns and colour palettes, Luis Quijano, a student at...

Paige Mullis, Glen Raven Inc

Paige Mullis
Glen Raven Inc

Paige Mullis discusses the expansion plans of Glen Raven Inc in India, and ...

Anisha Chaudhari, Threads & Shirts

Anisha Chaudhari
Threads & Shirts

Threads &amp; Shirts is a freshly-tailored concept providing men/women a...

Tony Ward, Tony Ward

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Rupa Sood and Sharan Apparao, Nayaab

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


September 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search