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20 June 2019

Stehlin & Associés advised Artal Group on the sale of its share capital in Children Worldwide Fashion

Stehlin & Associés law firm advised Belgian group Artal on the sale of its share capital in Children Worldwide Fashion (CWF), the European leader in high-end children’s fashion and licensed luxury. Dzeta Conseil, which took over the majority of the share capital held by the Artal Group earlier on in 2014, reduced its stake in CWF to almost a quarter, and welcomed Raise Investissement and Arkéa Capital via a secondary LBO.

Following the transaction, the management, led by Freddy Mallet, increased his share capital in CWF.

The CWF group, based in Les Herbiers in Vendée, France, is the European leader of children ready-to-wear, as well as luxury and high-end lincensed brands, and manages a portfolio of nine licensed brands as well as four own brands, being present in 83 countries and more than 2,500 sale points. With more than 800 employees and a 80% of turnover in Europe, CWF plans to accelerate its growth in Asia, North America, and the Middle East, in view of diversifing with the launch of new collections (accessories and shoes), strengthening its digital channel, while continuing to conquer new licenses and own brands.

The Stehlin & Associés team advising Artal group in connection with the transaction was led by M&A partner Armelle Maître and tax partner Catherine de Manneville.