Golden Goose’s New Owners Are HSG, Temasek and True Light Capital

Core Viewpoint - The M&A activity in Italy remains robust, with Golden Goose announcing a majority stake acquisition by HSG, alongside minority investments from Temasek and True Light Capital [1][4]. Company Overview - Golden Goose's CEO, Silvio Campara, expressed enthusiasm about the acquisition, highlighting the brand's growth and the positive long-term prospects with new investors [3]. - Marco Bizzarri, a seasoned industry expert, will transition from a non-executive director to non-executive chairman, expected to play a crucial role in the company's global expansion [2][3]. Financial Details - The acquisition is valued at approximately 2.5 billion euros, with the transaction anticipated to close by next summer [4]. - Golden Goose reported a 13% year-over-year revenue increase to 517.1 million euros for the first nine months of the year, driven by a 21% growth in its direct-to-consumer channel and an expanded store network [6]. Strategic Partnerships - Campara emphasized that HSG and Temasek are viewed as strategic partners to enhance the brand's expansion, aligning with the company's culture and strategy [5]. - The investment is seen as a vote of confidence in Golden Goose's business model, which merges luxury, lifestyle, and sportswear [5].