Acquisition of Lavenham by Fred Perry

DATE
September 2013

TRANSACTION TYPE
Corporate Acquisition

VALUE
£ Undisclosed

SECTOR
Retail & Leisure

Spayne Lindsay advises Fred Perry on its acquisition of Lavenham.

Spayne Lindsay is delighted to announce the acquisition of Lavenham Leisure Limited (“Lavenham”) by Fred Perry Holdings Limited (“Fred Perry”). Spayne Lindsay acted as exclusive financial advisor to Fred Perry on this transaction.

Established in 1969, Lavenham is a British brand and manufacturer of quilted jackets and accessories, with a unique heritage in equestrian and country lifestyle. With exports making up over 75% of Lavenham sales, the brand has established an impressive reputation in international markets. Fred Perry will support current management at Lavenham in growing this exciting British brand in new and existing markets around the world.

Fred Perry, established in 1952, successfully operates in 75 countries through a combination of over 100 mono brand stores and selected retail partners. Its collaborations with international designers like Raf Simons, and its sports fashion designed collections with mod cyclist Olympian Bradley Wiggins continue to reinforce its fan based positioning.

This is Fred Perry’s first acquisition, and Spayne Lindsay worked closely with the Fred Perry team throughout the transaction from the initial contact with Lavenham’s shareholders right through to completion.