Sale of Millet Mountain completed

On April 20, 2022, Calida Group completed the sale of Millet Mountain Group to Jean-Pierre Millet and Inspiring Sport Capital. Jean-Pierre Millet, investor and grandson of the founder of Millet, together with Inspiring Sport Capital, Paris/France, a private equity firm specializing in sports investments, is acquiring Millet Mountain Group, Annecy/France, with the Millet and Lafuma Outdoor brands, and taking the company back to the founding family.  

With the sale of the Millet Mountain Group, the Calida Group, Sursee/Switzerland, focuses on the core areas of underwear and lingerie with the established brands Calida, Aubade and erlich textil, and on outdoor furniture with Lafuma Mobilier. In addition to organic growth of the 4 brands, the Calida Group also intends to accelerate business development through targeted acquisitions. The proceeds from the sale of the Millet Mountain Group are to be used for acquisitions in the underwear and lingerie segments.