Kirkland Advises L Catterton on Agreement to Acquire Majority Stake in BIRKENSTOCK Group

Kirkland & Ellis advises L Catterton on an agreement together with its affiliates, as well as a group of investors including Financière Agache, the family holding company of Bernard Arnault, the CEO of LVMH, to acquire a majority stake in BIRKENSTOCK Group.

BIRKENSTOCK is a global lifestyle brand with a heritage in iconic footwear. With more than 4,300 employees worldwide, the sixth-generation family-run business is also one of the German footwear industry’s biggest employers. 

The Kirkland team was led by transactional partners Ben Leyendecker, Joshua Kogan and Philip Goj; debt finance partners Neel V. Sachdev and Jason Kanner; and capital markets partner Matthew Merkle; and included transactional partners Attila Oldag and Christoph Jerger; debt finance partner Alexander Längsfeld; capital markets partner Deirdre Jones; tax partners Daniel Hiemer and Vincent Thorn; antitrust & competition partners Paula Riedel and Michael Engel; transactional associates David Huthmacher, Gregory Knight, Marcus Commandeur, Sebastian Häfele, Greta-Josefin Harnisch, Christina Albath and Samuel Frommelt; debt finance associates Kanesh Balasubramaniam, Marco Bagnato, Ashley Martin, Harry Briffit and Barbara Dunkel; and antitrust & competition associate Philipp Gnatzy.