Paris - Mayer Brown advised the management of SMCP in the context of the acquisition by the Chinese group, Shandong Ruyi Technology, of a majority stake in the SMCP group, currently held by KKR, a leading international investment fund, its founders and the management. The founders and the management of SMCP shall reinvest alongside Shandong Ruyi Technology as minority shareholders in the new group holding company. KKR is also to keep a minority stake.
SMCP is a French group and an international player in the affordable luxury industry holding three Parisian fashion brands : Sandro, Maje and Claudie Pierlot. The group has over a thousand sales outlets in France and abroad with a turnover of approximately 675 M€ in 2015.
The Mayer Brown team advising SMCP included :
- Jean-François Louit, Alexandre Dejardin (partners), Caroline Lan (counsel) and Lou-Andréa Bouet (associate) on the corporate aspects.
- Laurent Borey, Christopher Lalloz (partners) and Nicolas Danan (associate) on the tax aspects.