MAISON LEJABY: majority stake acquired by Parisian fund
FRENCH private equity concern Impala SAS acquired a majority stake in Maison Lejaby, providing CEO Alain Prost with the means he had been seeking to maintain and accelerate the expansion of the business. Although the amount invested was not revealed, it is known that, at the time of the brand’s rescue from administration in January 2012, Prost had secured EUR 7m from three investors, including Tunisian manufacturer Isalys. Exports are said to have accounted for 65 per cent of the Maison Lejaby turnover in 2013.
Since its rescue, Maison Lejaby has made very encouraging progress. Now, with the resources at its disposal, it is set to achieve further expansion, which could well allow it, in time, to exceed the best past performance of the label.