Orlando Capital V to invest in Homefashion Group B.V.- a leading Dutch Multi-Channel-Retail Group

Orlando Capital V is proud to have signed an agreement to acquire Homefashion Group B.V. (HFG), one of the most significant multi-channel retailers in the home and living retail space in the Netherlands.

The investment will be made in close partnership with the management team of HFG marking a joint commitment to accelerate the company’s next phase of growth.

The group employs about 3,200 employees at around 200 branches and operates successful online platforms together generating annual revenues in excess of €500m.The core offerings entail attractively priced window coverings and floor coverings in the value segment.

The Orlando Capital team will leverage its long-standing expertise in the discount retail as well as home and living space and will work closely with the HFG’s management team to seek to expand HFG’s footprint, elevate the product and service offering, and promoting the best value positioning.

(source)