Natixis Partners advised Groupe Philippe Ginestet and Weinberg Capital Partners in the acquisition of Besson Chaussures

Groupe Philippe Ginestet (leader in specialized retail with the brands Gifi, Trafic or Tati) and Weinberg Capital Partners realized the acquisition of Besson Chaussures together with its management, from Vivarte group. Created early 1980s by the Besson brothers and part of Vivarte group since 1998, Besson Chaussures operates through a network of 133 physical stores and has recently launched an online sales website. The Besson brand generated total sales of €264 million in 2016/17. Philippe Ginestet, founding CEO of Gifi and GPG: “Together with Weinberg Capital Partners, we very much look forward to taking over a company with a unique brand offering and a performing concept. We aim at allowing the company to fulfill its ambition”. Philippe Klocanas, Partner at WCP: “We are pleased to achieve this transaction alongside Philippe Ginestet. This would be the first acquisition for WCP#3. By combining our skills, we will offer to Besson a strong support throughout its next phase of development”.