SVZ ADVISES BASICNET ON THE K-WAY FRANCE OPERATION
Paris, April 21, 2022
Sekri Valentin Zerrouk (SVZ), and more particularly Franck Sekri, partner in charge of the corporate team, Céline Raynal and Antoine Moulin, associates, are advising BasicNet in the purchase of the share capital of K-Way France.
K-Way France has 36 points of sale with a mix of branches and affiliates, a presence in department stores as well as a network of 180 multi-brands throughout France.
The K-Way brand was born in 1965 in France and was acquired in 2004 by the Italian company BasicNet, which also owns Kappa, Superga and Sebago.
BasicNet, whose consolidated turnover was 296 million euros last year, has decided in 2021 to expand the brand’s potential. The purpose of this transaction is to consolidate the growth of the K-Way brand, to anticipate the next phase of investments for the brand’s growth, and to help advance K-Way’s global projects.
Franck Sekri, Céline Raynal, Antoine Moulin
Legal counsel :
Seller:
– FTPA: Antoine Gautier-Sauvagnac, partner, François-Xavier Beauvisage, Counsel and Agathe Laporte, associate.
Buyer:
– PAVESIO E ASSOCIATI WITH NEGRI-CLEMENTI: Carlo Pavesio and Carlo Peyron, partners, Carolina Cerrutti, associate,
– SEKRI VALENTIN ZERROUK: Franck Sekri, partner, Céline Raynal and Antoine Moulin, associates
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About Sekri Valentin Zerrouk
An independent firm of more than 50 lawyers, Sekri Valentin Zerrouk (SVZ) advises multinational companies, leading investment funds, SMIs, SMEs and entrepreneurs on the deployment of their business activities and their acquisition, disposal or restructuring operations in France and abroad.
With more than 400 transactions completed over the past 10 years, Sekri Valentin Zerrouk (SVZ) is today one of the most recognized firms in the transactional field.
The 13 partners are : Franck Sekri, Pierre-Emmanuel Chevalier, Géraud de Franclieu, Antoine Haï, Olivier Legrand, Emmanuelle Vicidomini and Sylvain Paillotin, (Mergers & Acquisitions, Private Equity, Financing, Restructuring), Emeline Peltier (Real Estate), Yamina Zerrouk (Public Business Law, Urban Planning and Real Estate), Jérôme Assouline and Thomas Verdeil (Tax Law), Emilie Meridjen (Labor Law) and Anne Dumas-L’Hoir (Business Litigation).
www.svz.fr
