Radley & Co Ltd has been acquired by Bregal Freshstream LLP
The shareholders of Radley & Co Ltd, the well-known British handbag and accessories brand, have sold the company to Bregal Freshstream LLP, a global private equity investment firm, managing the funds of the Brenninkmeijer family. Financial details have not been disclosed.
Founded in 1998, Radley is now the leading British handbag and accessories brand in the rapidly growing affordable luxury market, with a multi-channel business and established distribution network covering the UK, Europe and Asia. Since 2007, the business has been majority-owned by Exponent Private Equity.
This investment from Bregal Freshstream will look to further grow Radley’s business both in the UK and overseas, with significant potential to build upon the brand’s international appeal.
Oaklins Cavendish, based in the UK, advised the seller in this transaction. The team's consumer & retail specialist said: “This transaction will take the transformation of Radley into a global brand to the next stage. It also illustrates the appeal of UK brands with genuine heritage and the potential for international scale to a wide range of overseas buyers. Such businesses continue to attract strong interest from family funds, private equity houses and trade buyers from around the world.”
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