French travel luggage group Delsey has secured a €100m refinancing package that will further support and enhance the company’s strong growth ambitions globally.
The financing package has been provided by three specialist debt funds advised separately by Avenue Capital, Pemberton Asset Management and Permira Debt Managers, and will be used to refinance debt provided by European Capital and fund the company’s growth.
The refinancing takes place in the context of very strong growth, both domestically and internationally, with international growth in particular engineered by the Group’s CEO, Guenther Trieb, who was appointed in early 2013 and has extensive experience working in Asia.