Everything as expected: Golden Goose passes to Permira

Tutto come previsto: Golden Goose passa a Permira

Golden Goose goes to Permira. All as planned, therefore, for the sale of the Venetian footwear brand. As reported by some sources (from Reuters to Il Sole 24 Ore) the US fund Carlyle sold Golden Goose for a figure that would be around 1.28 billion euros. With this offer, Permira defeated competition from Advent fund and SPAC Acamar.

Zero surprises

Everything as expected, therefore: the timing, the price and the buyer. Thus, the race to buy Golden Goose ends without any particular surprises. Permira was the winner, a company that had already stepped forward a while ago to acquire the brand which, instead, in February 2017, ended up in Carlyle’s portfolio for over 400 million euros. In about 3 years, Carlyle has earned around 850 million euros from the sale only. The figure paid by Permira would, in fact, be the one estimated since the brand was put on sale: 1.2-1.4 billion euros.

The ball goes to Permira

Once this operation is closed, the outcome of another footwear ownership transfer is awaited. That of Dr. Martens. This time Permira is selling, and Carlyle would be among the interested buyers. Will it be able to win it?

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