Private Equity Firm PAI Buys Lingerie Chain Hunkemoeller

Paris-based buyout shop PAI Partners will buy the Hunkenmoeller lingerie chain from Maxeda Retail Group, Reuters reported. Financial terms of the deal were not released. Hunkemoeller has roughly 500 stores in the Benelux, France and Germany.

(Reuters) – Maxeda Retail Group said on Tuesday it had agreed to sell the Hunkemoeller lingerie store chain to private equity group PAI Partners for an undisclosed amount.

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