PPR : Closing of the sale of Vertbaudet and Cyrillus

Thu Mar 28, 2013 12:45pm EDT

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Closing of the sale of Vertbaudet and Cyrillus 

Kering* announces that Redcats has closed the sale of its Children and Family division, consisting
of the Vertbaudet and Cyrillus brands, to Alpha Private Equity Fund 6 ('APEF 6'), for an
enterprise value of EUR119 million. The purchase price was paid in accordance with the terms of
the sale signed between the two parties.

* PPR will become Kering, subject to approval at the Annual General Meeting on 18 June 2013.

  
About Kering*
A world leader in apparel and accessories, Kering develops an ensemble of powerful Luxury and
Sport & Lifestyle brands: Gucci, Bottega Veneta, Saint Laurent, Alexander McQueen, Balenciaga,
Brioni, Christopher Kane, Stella McCartney, Sergio Rossi, Boucheron, Girard-Perregaux,
JeanRichard, Qeelin, Puma, Volcom, Cobra, Electric and Tretorn. By 'empowering imagination' in the
fullest sense, Kering encourage its brands to reach their potential, in the most sustainable
manner. 
Present in more than 120 countries, the Group generated revenues of EUR9.7 billion in 2012 and had
33,000 employees at year end. The PPR (in future Kering) share is listed on Euronext Paris (FR
0000121485, PRTP.PA, PPFP).
* PPR will become Kering, subject to approval at the Annual General Meeting on 18 June 2013.

About Alpha Private Equity Fund 6 ('APEF 6')
APEF 6 specialises in leveraged buy-out and capital development, targeting medium-sized companies
(enterprise value between EUR50-500m) in France, Italy, Benelux and Switzerland. APEF 6 backs
managers of growing companies that enjoy a strong and strategic position in their markets. They
are generally family-owned companies or spin-offs from large corporations.

Contact presse AFEP 6
Patricia Desquesnes               +352 27 47 07 28                   patricia@alphape.com

Contacts Kering

Presse
Paul Michon                            +33 (0)1 45 64 63 48                             
paul.michon@kering.com
Hélène Saint-Raymond           +33 (0)1 45 64 61 20                             
helene.saint-raymond@kering.com mailto:helene.saint-raymond@kering.com 
                
Analystes/investisseurs
Alexandre de Brettes                              + 33 (0)1 45 64 61 49            
alexandre.debrettes@kering.com
Edouard Crowley                     + 33 (0)1 45 64 63 28             edouard.crowley@kering.com
mailto:edouard.crowley@kering.com 
Site Internet: www.kering.com http://www.kering.com/

PRPPRClosingVertbaudetCyrillus http://hugin.info/143546/R/1689087/554304.pdf 


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Source: PPR via Thomson Reuters ONE


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