BMH BRÄUTIGAM ADVISES SIGNA RETAIL ON ACQUISITION OF ONLINE SHOP STYLEFILE
BMH BRÄUTIGAM has advised SIGNA Retail on the acquisition of the online shop STYLEFILE.
STYLEFILE is a leading online specialist for sneaker and “sportive fashion” in Europe. STYLEFILE’s online shops supply over 20,000 items, some of them from well-known manufacturers, to more than half a million active customers in more than 30 countries. The company achieved a turnover of more than 50 million euros in 2016.
The acquirer is SIGNA Sports Group which is part of SIGNA Retail Group (including Karstadt Warenhaus, The KaDeWe Group, Karstadt Sports, Outfitter, dress-for-less, hood), one of Germany's leading multi-channel sports equipment platforms and among the "Top Five" in Europe.
With the acquisition of STYLEFILE, SIGNA Sports Group’s portfolio is supplemented by the important category of athleisure. By using the successful platform model of SIGNA Sports Group, extensive synergies can be leveraged and STYLEFILE can be successfully integrated into the SIGNA Sports family within a short time.
BMH BRÄUTIGAM has advised SIGNA Retail Group on this transaction for the fourth time as part of an M&A deal.
Team BMH BRÄUTIGAM: Dr. Andrea Reichert-Clauß (lead), Dr. Sylko Winkler, Dr. Matthias Rüping (all Private Equity ǀ Corporate/M&A), Katharina Erbe LL.M. (UC Hastings, Attorney at Law (N.Y.)) (IP)