Redwood China acquires "Little Dirty Shoes" Golden Goose, becoming the controlling shareholder.
According to Redwood China, the organization has joined hands with Temasek and its wholly-owned asset management company, Temasek Capital, as well as the international private equity fund Permira, to acquire the Italian high-end sports shoe retailer Golden Goose. The specific amount of the transaction has not been disclosed. After the acquisition, Redwood China will hold the majority stake in Golden Goose Group, while Temasek and its funds will hold a minority stake, and the original shareholder Permira will also retain a minority stake. Redwood China stated that Silvio Campara will continue to serve as the CEO of Golden Goose Group and lead the future development of Golden Goose in collaboration with the existing leadership team. Marco Bizzarri, the current non-executive director of the Golden Goose board, will become the non-executive chairman. Prior to this, he was the CEO of the Italian luxury brand Gucci.
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