KKR Group Will Launch Global Expansion Process In An All-Round Way

< p > Kohlberg Kravis Roberts&Co acquired most of the shares of Sandro, Maje and Claudie Pierlot fashion chain, and launched the global expansion process in an all-round way.

KKR said it bought 65% of SMCP Group from L Capital. At present, the specific paction volume has not been announced, and speculation is expected that the paction volume is expected to be around us $853 million 400 thousand.

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< p > Evelyne Chetrite, Judith Milgrom, Elie Kouby, Frederic Biousse holds 35% of the remaining shares of SMCP, and the current group of Biousse of the SMCP group said: "the company is a very good private equity company. I met in New York and met with them and were very satisfied with their commitment."

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< p > Evelyne Chetrite, Didier Chetrite, Judith Milgrom, Alain Moyal founded the Sandro and company in the late 80s and early 90s, and bought the company in 2009 and established the group in 2010.

KKR's future development plan for SMCP includes a large number of new flagship stores, closed small boutiques, and large shops in larger areas.

SMCP now has 570 sales outlets worldwide, with an annual revenue of 450 million US dollars last year.

150 stores will be opened in 2013, and new stores will soon be opened in Hongkong, Shanghai and other places, with 40 locations in North America.

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