The Autorité de la concurrence clears the acquisition of The Kooples by Verdoso, without conditions

The parties to the transaction

Verdoso is a French investment firm that invests in mid-market companies in the manufacturing sector and services market. Verdoso group companies primarily operate in France.

Founded in France in 2008, The Kooples designs and retails high-end ready-to-wear clothing and accessories, for both men and women. The Kooples has 184 outlets in France and 86 in Europe.

The transaction is not likely to affect competition

Insofar as the parties operate neither on the same markets nor on related markets (either upstream or downstream), the Autorité considered the transaction was not likely to affect competition and therefore cleared the transaction without conditions.