Chinese Apparel Company Biem.L.Fdlkk Garment Acquires Cerruti 1881 and Kent & Curwen for 95 Million Euros

4月 07, 2023

On April 4th, domestic golf apparel leader, Biem.L.Fdlkk Garment (Biem) (SZ:002832), announced a significant acquisition, stating that the company will indirectly acquire the global trademark ownership of international luxury brands “CERRUTI 1881 and “KENT & CURWEN” for a total purchase price of 57 million euros and 38 million euros respectively.

The specific operation is as follows: Recently, the controlling company, Humble and Enjoying Investment Consulting Corporation, in which the company holds 99.86% of the shares, has made investments of 57 million euros a …