Eurazeo: invests in Axel Arigato
(CercleFinance.com) - Eurazeo Brands has announced an investment of 56 million euros, thereby taking a majority stake in Axel Arigato, a Swedish brand of sneakers and streetwear, alongside Max Svärdh and Albin Johansson, its founder-managers.
Founded in 2014 in Gothenburg, Sweden, Axel Arigato is a fast-growing digital brand that has rapidly become a major player in the European high-end sneaker market, the group said
Eurazeo Brands will accompany the company in its growth, particularly in Europe. Axel Arigato will also be able to count on Eurazeo's CSR expertise and international network in Europe, Asia and the US to develop future key markets.
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Founded in 2014 in Gothenburg, Sweden, Axel Arigato is a fast-growing digital brand that has rapidly become a major player in the European high-end sneaker market, the group said
Eurazeo Brands will accompany the company in its growth, particularly in Europe. Axel Arigato will also be able to count on Eurazeo's CSR expertise and international network in Europe, Asia and the US to develop future key markets.
Copyright (c) 2020 CercleFinance.com. All rights reserved.