Share Purchase Agreement signed with YKK
LBO France, through its Italian platform Polis SGR, has signed an agreement to sell Bluclad to the Japanese YKK Group, the world leader in fastening solutions for fashion and leather goods. The transaction forms part of YKK’s 7th Mid-Term Business Plan, which aims to strengthen its electroplating capabilities and to promote sustainability and innovation in its fastening business.
Management and LBO France jointly chose YKK as the ideal partner to enable Bluclad to continue on its growth path and consolidate its leadership in the luxury segment.