Majority shareholders of Woolrich International LTD have sold their stake in the company to L-GAM, Liechtenstein’s royal family investment fund. Financial terms weren’t announced. Goldwin Inc, of Japan, has increased its stake. Woolrich, of Woolrich, Pennsylvania, is a clothing company. Gattai, Minoli, Agostinelli & Partners advised the majority shareholders.
Gattai, Minoli, Agostinelli & Partners advisor to the Woolrich Group and its majority shareholders in the share transfer agreement with L-GAM.
Gattai, Minoli, Agostinelli & Partners advised the majority shareholders of Woolrich International LTD in the sale of their participation to the Luxembourgish fund L-GAM Advisors Sarl, held by the royal family of Liechtenstein.
In the context of the transaction, the Japanese Goldwin Inc., partner of the Woolrich Group in the development of the Asian markets, has increased its participation.
“We are proud of this agreement” declared Paolo Corinaldesi, CEO of Woolrich International “it is an important step to attain the ambitious achievements that the company has set. The partnership with L-GAM, a fund holding participations in several sectors, will give at the same time continuity to its office and management, but with a strong push on its business’ acceleration, with investments in Europe, North America, Japan and Asia, thanks to the strategic partnership with the Japanese group Goldwin. Our goal remains the listing on the Stock Exchange within 5 years.”
Founded in November 2012, Gattai Minoli Agostinelli & Partners is a law firm specialising in Corporate and M&A, Banking & Finance, Tax, Restructuring, Real Estate, Employment, Intellectual Property and Dispute Resolution. With a team of over 80 lawyers – 24 of whom are partners – the Firm boasts a leading position in the private equity and corporate finance sectors.