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L Catterton

  • Dishoom served huge valuation after founders sell stake

    hospitality

    Dishoom has been valued in the region of £300m after striking an investment deal with a firm backed by LVMH. The restaurant chain has agreed a deal for an undisclosed sum with US-based L Catterton in a move which will see founders Shamil Thakrar and Kavi Thakrar dilute their stakes. Both co-founders are expected to [...]

    Dishoom founders Kavi Thakrar and Shamil Thakrar.
  • LVMH-backed L Catterton, the new owner of Bicester Village is one of the world’s biggest retail investors

    retail

    Silver Bidco, a newly-formed Jersey-based vehicle of L Catterton, has bought Hammerson's stake in Value Retail, the owner of Bicester Village.

    Luxury firms like LVMH have been hit by a slowdown in the last few months after poor growth in key market China and the cost-of-living crisis in Western countries

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