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    L Capital acquires 49% stake of El Ganso

    Clemente Cebrián Ara along with his sons Álvaro and Clemente, founders and owners of El Ganso, have agreed to sell to L Capital (investment fund sponsored by the Louis Vuitton Moët Hennessy “LVMH” Group, owner of brands such as Dior, Louis Vuitton and Loewe), a 49% stake of Acturus Capital S.L, holding company of El Ganso. The entry of L Capital into the shareholding aims to consolidate the leadership of the company in Spain, and continue the international expansion plan that the management team of El Ganso has been implementing over the last few years in Europe and other regions (Latin America, United States and Asia). El Ganso and L Capital have agreed an ambitious business plan that will help invigorate the brand and strengthen its growth in the international markets. The entry of L Capital in El Ganso is part of the strategy of the fund to participate in the international development of companies with significant growth potential. At the end of 2015, the company will have more than 120 of its own stores and a workforce of over 600 employees. The style of El Ganso consists of a cosmopolitan look with Spanish colours, and includes a range of styles from Preppy American, to a more alternative look such as the Berliner line, as well as British elegance. El Ganso offers affordable products, ready-to-wear, 100% tailored, designed and manufactured in Europe. Each collection is made with the best European fabrics, with full attention to detail. Currently, the Madrid-based brand boasts a wide array of fashionable garments for men, women and children, including an extensive line of footwear and accessories. The company expects to exceed 70 million euros of net revenues by December 31, 2015, achieving a 50% annual growth rate over the last five years.

    www.elganso.com
    @elgansospain

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