21 September 2023
- Stephanie Horowitz, Ernst van der Touw, Pieter Leefers, Jaap Tempelman, Andrei Mikes, Jelle Hofland, Lisa Ye, Mark-Jan Arends , Tjerk de Jonge, Zoë Van Den Broek, Floris van de Bult , Merle van den Berg, Stern Flik
Clifford Chance advises global denim brand G-Star RAW on its intended sale to WHP Global
International law firm Clifford Chance has advised global denim brand G-Star RAW on its agreement with WHP Global, one of the fastest growing global brand management firms, to acquire a majority interest in the G-Star RAW brand, setting the stage for further global growth and expansion.
Under the terms of the agreement, the existing G-Star RAW shareholders will retain a stake in the brand. The current leadership team of G-Star RAW will continue to operate the brand’s marketing and product development functions as well as the wholesale, retail and e-commerce distribution out of the Amsterdam headquarters. The transaction is expected to close in Q4 2023, subject to customary closing conditions including works council procedure. Read more about the transaction here.
The Clifford Chance team was led by Stephanie Horowitz and consisted of Ernst van der Touw, Pieter Leefers, Jorrit Sijl, Merel Vermolen, Mies Rijperman (Corporate M&A), Jaap Tempelman, Andrei Mikes (Tech//Digital), Jelle Hofland, Lisa Ye and Sarah van Eijk (Finance), Mark-Jan Arends, Tjerk de Jonge, Zoë van den Broek (Notarial), Floris van de Bult, Merle van den Berg, Marte Schaaf (Employment), Stern Flik, Alec Sanderson (Tax) and Bruno Weisser Lopez (Antitrust).