Leamington Spa's Bravissimo Group has been acquired by Wacoal Europe.
Wacoal Europe’s parent company is Japanese listed Wacoal Holdings Corp, which announced the transaction on the Tokyo Stock Exchange. It is part of an award-winning group of companies dedicated to serving the intimate apparel market. Wacoal Europe is headquartered in Kettering and has a global reach with its products stocked in over 2,700 retailers in over 30 countries.
Gateley Legal’s team advised Wacoal Europe, led by corporate partner and head of the Corporate Platform, Charles Glaskie and corporate senior associate Ffion Brumwell-Hughes.
Charles said: “We are delighted to have advised Wacoal on its successful acquisition of Bravissimo. The transaction highlights Wacoal’s dedication to offering diverse, high-quality apparel and the addition of Bravissimo reinforces the group’s commitment to inclusivity, offering huge growth potential for both parties involved.”
Vaughan Waylett, Finance Director of Wacoal Europe said: “This acquisition is a rare and exciting opportunity to unify two like-minded companies and we needed a legal partner that understood the importance of the task.”
Bravissimo was founded in 1995. It now has 700 employees, 26 shops throughout the UK, 1 shop in the US, and an ecommerce website.