CALIDA GROUP successfully completes acquisition of premium lingerie brand Cosabella
The CALIDA GROUP has completed the acquisition of Cosabella on 23 May 2022. The acquisition of the internationally recognized and highly profitable company further strengthens the CALIDA GROUP’s position in its core segment of underwear and lingerie. The CALIDA GROUP acquired a 100 percent stake in Cosabella, reinvesting the sales proceeds from MILLET MOUNTAIN GROUP.
With the successful completion of the transaction, the CALIDA GROUP has reached another milestone in the implementation of their strategy ACCELERATE 2026. Along with the established brands in the underwear and lingerie segment CALIDA, AUBADE and erlich textil as well as the outdoor furniture brand LAFUMA MOBILIER, Cosabella will further enhance the CALIDA GROUP’s continuous growth. Additionally, the acquisition creates an ideal starting position for the US market entry of the brands.
For further information, please contact:
Calida Holding AG
Sacha Gerber, CFOinvestor.email@example.com