Oaklins supports shareholders of Lucardi
Lucardi and Mentha Capital have reached agreement on the acquisition of the majority of the shares of the affordable omni-channel jewelry retailer chain. Oaklins acted as exclusive M&A advisor to the shareholders of Lucardi. The transaction will support Lucardi’s plans to expand its online activities and to further grow abroad. Completion of the transaction is subject to customary closing conditions.
Frederik van der Schoot, Managing Partner Oaklins Netherlands: “Based on our global industry insights we recognized from the start that Lucardi is uniquely positioned in the Dutch retail landscape. Nevertheless, investors are quite reluctant to invest in the retail segment nowadays. By creating the right understanding and educating potential buyers about the opportunities in this segment of the market, we were able to generate serious interest and finally finding in Mentha the right partner for realizing Lucardi’s goals.“
Learn more about this deal: https://publications.oaklins.com/lucardi-deal-news/about-the-deal/