Private equity firm Advent International has acquired a 100 per cent stake in Enamor, a women’s premium innerwear brand in India, from India Alternatives, Faering Capital and the Promoters for Rs 320 crore. Enamor offers a high quality range of lingerie, sportswear and athleisure wear. The company has 20 exclusive brand outlets and over 4,500 points of sale nationwide, predominantly located in larger cities, as well as a strong online presence and e-commerce business.
Private Equity firm Advent buys out entire stake in Enamor for Rs 320 cr
Date posted: Monday 7 October 2019