Garland

Sale to Darry Ring (DR)

Stakeholders:

  • Garland, founded in 1960, is a French high jewelry house with a renowned savoir-faire, symbolizing Parisian heritage. Its creations have attracted icons such as Caroline of Monaco and Karl Lagerfeld.
  • DR (DR Corporation Limited) is a Chinese group listed on the Shenzhen Stock Exchange, with a market capitalization of approximately €1.8bn in 2022. It operates a network of around 500 stores across more than 200 cities.

Our actions:

  • We advised Garland, a French heritage jewelry brand, in its sale to DR Group, a major luxury player in China.

Our expertise:

  • Structuring a deal with an Asian acquirer balancing French heritage and global ambitions, while maximizing the sale price for our client.
Maxime Nicolas
Maxime Nicolas
Partner
M&A
"I have a deep love of entrepreneurship and entrepreneurs. I draw inspiration from my discussions with the managers we work with. I always seek to understand their issues, to "lift the hood" of their company to bring a global view and concrete solutions."

Associated services

Sales
M&A

Support to our clients – shareholders and executives of SMEs and mid-sized companies – in the context of the sale of their business.