Exclusive Financial Advisor to Wacoal on Acquisition of Eveden Group
Wacoal Holdings Corp., a publicly-traded global manufacturer, wholesaler and retailer of women’s foundation garments and lingerie, turned to Financo to identify acquisition opportunities. After extensive research, many introductions and interfaces with multiple potential targets, Financo recommended, and Wacoal elected to pursue, Eveden Group.
In connection with the acquisition of Eveden, a supplier of fuller-bust lingerie and swimwear, Wacoal acquired a leading player in the pan-European intimate apparel market with a goal of accelerating their overseas expansion strategy. This transaction further solidified Wacoal’s position as a global leader in its category.