1 April 2010

Phillips – Van Heusen acquires Tommy Hilfiger

De Brauw has advised the Phillips-Van Heusen Corporation on the EUR 2.2 billion acquisition of the Tommy Hilfiger Group and management.

The Phillips-Van Heusen Corporation, already owner of Calvin Klein and other brands, agreed to buy Hilfiger from venture capital firm Apax Partners, which has presided over a successful turnaround of the business it bought in 2006. The acquisition is expected to boost the American brand’s profile internationally, particularly in Europe and Asia.

Team:
Jaap Winter, Jeroen van der Schrieck, Susanne van Waert (M&A)
Martin van Olffen, Niels Geuze (Corporate)
Dick Hofland, Rens Bondrager (Tax)
Evert Jan Henrichs, Maartje Govaert (Employment)
Max van Drunen, Hendrik de Boer (Real Estate)
Pim van Leersum (Banking)
Ernest Meyer Swantee, Ferdinand Hengst (London)