M&A
confidence high
sentiment positive
materiality 0.70
G-III completes acquisition of remaining 81% stake in Karl Lagerfeld for €200M cash
G III APPAREL GROUP LTD /DE/
- Acquired remaining 81% interest in Karl Lagerfeld; total ownership now 100%.
- Purchase price of €200 million (~$214M USD) funded entirely with cash on hand.
- Transaction closed May 31, 2022; seller group led by Amlon Capital BV.