Kirkland & Ellis advises L Catterton on an agreement together with its affiliates, as well as a group of investors including Financière Agache, the family holding company of Bernard Arnault, the CEO of LVMH, to acquire a majority stake in BIRKENSTOCK Group.
BIRKENSTOCK is a global lifestyle brand with a heritage in iconic footwear. With more than 4,300 employees worldwide, the sixth-generation family-run business is also one of the German footwear industry’s biggest employers.
The Kirkland team was led by transactional partners Ben Leyendecker, Joshua Kogan and Philip Goj; debt finance partners Neel V. Sachdev and Jason Kanner and associates Kanesh Balasubramaniam, Marco Bagnato, Ashley Martin and Harry Briffit; and capital markets partners Matthew Merkle and Deirdre Jones; and included transactional partner Attila Oldag; tax partners Daniel Hiemer and Vincent Thorn; and transactional associates David Huthmacher, Gregory Knight and Marcus Commandeur.