Carlyle Said Close to Deal for Italy’s Golden Goose BrandBy and
Carlyle Group LP is close to a deal to buy the Italian high-end shoe company, Golden Goose Deluxe Brand, from its private equity owners Ergon Capital Partners SA, people familiar with the matter said.
The deal values the sneaker maker at about 400 million euros ($432 million), the people said, asking not to be identified as the details are private. The acquisition could be finalized as soon as this week, one of the people said.
Founded in 2000 and based in Venice, Golden Goose sells shoes with a characteristic star design that can cost more than 400 euros a pair, as well as t-shirts and leather jackets and accessories. Ergon, backed by Groupe Bruxelles Lambert SA, was working with financial advisers at Lazard Ltd. on the sale, people familiar with the matter said previously.
Representatives for Carlyle and Ergon declined to comment.