Noerr advises Novacap on takeover of Joseph Ribkoff fashion label

Noerr has advised the financial investor Novacap Industries on its investment in the Canadian fashion company Joseph Ribkoff, Inc. The Canadian private equity firm has acquired a majority interest in the women’s outerwear specialist. The transaction is funded by the NOVACAP Industries IV Fund in cooperation with the investment fund “Fonds de solidarité FTQ”, company founder Joseph Ribkoff and members of the company’s management.

Joseph Ribkoff has created collections for women since 1957 and is considered one of the leading designers in the Canadian fashion industry. His eponymous fashion label, headquartered in Québec, is represented on 64 markets worldwide, and in Germany by the subsidiary JRDL Germany. Noerr provided Novacap with comprehensive advice regarding Ribkoff’s German subsidiary and on coordination with other European jurisdictions.

Advisors to Novacap Industries IV, L.P.: Noerr LLP

Dr Alexander Ritvay, Dr Tibor Fedke (both lead, both Corporate/M&A), Peter Stauber (Antitrust & Competition), Dr Charlotte Sander (Employment, all Berlin)