Rossignol reinforces apparel business strategy by welcoming Sandbridge Capital as an Investor
Sandbridge Capital is taking a minority position alongside majority shareholder Altor (Altor Fund III), the Nordic investor with valuable experience in the outdoor sector and textile field. Other current shareholders include French investment company Weber Investment, the Boix-Vives family, the historic owners of the Rossignol Group from 1955 to 2005, and the management team, including its CEO Bruno Cercley.
Rossignol is the owner of six leading winter sport brands. Rossignol and Dynastar skis, Look bindings, Lange boots, Kerma poles and Risport figure skates.
Domenico De Sole, the legendary former CEO of Gucci and current Chairman of Tom Ford remarked says: “Rossignol is a great heritage brand with tons of potential in the apparel sector”.
Rossignol, headquarted in Moirans, France, generated close to EUR 230 million in turnover in 2013 and employed roughly 1,200 people. The company plans to create a dedicated apparel subsidiary to centralize all textile-related activities.