Home / Knowledge / News / Fashion / Garant Schuh + Mode sells Pasito-Fricker to Ludwig Görtz

Garant Schuh + Mode sells Pasito-Fricker to Ludwig Görtz

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

Pic: Ritu Manoj Jethani / Shutterstock.com

Apparel/Garments | On 31st Jul 2021

US firm Steve Madden moves production to Mexico & Brazil from China

As supply chain disruption remains a significant challenge, American...


Apparel/Garments | On 31st Jul 2021

Apparel & footwear firm GBG USA files for bankruptcy protection

GBG USA, an indirect wholly owned subsidiary of Global Brands Group...

Pic: Shutterstock

Apparel/Garments | On 31st Jul 2021

Asian garment industry market concentration, consolidation rise: ILO

Although Asia's garment market rose in size in value terms before the ...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Fabric selection & recommendation based on client's brief

Florian Heubrandner, Lenzing AG

Florian Heubrandner
Lenzing AG

Cannot see the world breaking away from cotton & polyester

Textile Industry, Head honchos

Textile Industry
Head honchos

Donating 20,000 N95 masks to hospitals & NGOs

Akram Tariq Khan,

Akram Tariq Khan

E-commerce brand YourLibaas meaning "garment or attire" in Udru, was...

Nina Smith,

Nina Smith

GoodWeave International, a nonprofit working to end child, forced and...

Chendhuran Sundar,

Chendhuran Sundar

Headquartered at Singapore, Crocodile is a global fashion and lifestyle...

Giulio Cesareo, Directa Plus

Giulio Cesareo
Directa Plus

UK-based Directa Plus is one of the largest producers and suppliers...

Suresh Patel, Non Woven Federation of India

Suresh Patel
Non Woven Federation of India

The Non Woven Federation of India (NWFI), representing the regional...

Tiasha Renganathan, Twinery Innovations by MAS

Tiasha Renganathan
Twinery Innovations by MAS

Twinery-Innovations by MAS is the innovation arm of Sri Lankan company MAS ...

Abhishek Bajaj & Samiksha Bajaj, Samshek

Abhishek Bajaj & Samiksha Bajaj

Samshek is a fashion forward tech brand which combines digital experience...

Ruma Devi, Gramin Vikas Evam Chetna Sansthan

Ruma Devi
Gramin Vikas Evam Chetna Sansthan

Ruma Devi is a jet-setting promoter of artisans who has empowered...

Sailesh Singhania, Sailesh Singhania Label

Sailesh Singhania
Sailesh Singhania Label

The Sailesh Singhania label was created to promote handwoven sarees and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


Leave your Comments

July 2021

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

Advanced Search