Latest news with #CompagnieChargeursInvest
Fashion United
23-05-2025
- Business
- Fashion United
Cambridge Satchel parent company secures 100 million euros in new financing
Compagnie Chargeurs Invest, the parent company of Cambridge Satchel, Swaine and Nativa, has said that it has raised 108 million euros in financing as it continues into a new strategic chapter. The French firm had already secured a 75 million euro loan in December 2024, following a year that was 'marked by strong cash generation and very solid performance from its asset portfolio', chairman and chief executive officer, Michaël Fribourg, said in a release. This latest financing comes in the form of a syndicated loan with competitive financial terms and long maturity, backed by four financial institutions, as well as new renewable bilateral credit lines with Arkéa Banque and Bpifrance. Compagnie said that with this, the finance firms have 'thus reaffirmed their commitment' to supporting the company 'in the deployment of its new strategic trajectory'. 'With their support, the group will be able to focus its resources on accelerating the creation of sustainable value,' it added. Fribourg said the company intended to pursue a 'dynamic management strategy for its asset portfolio in the coming years' as it looks to 'globally enhance the competitive advantages of our high-growth global champions'. He added: 'The strong demand for the group's signature reflects the long-term attractivity of our business model and the financial strength of the Compagnie, which owns high-quality assets with significant financial and intrinsic value.' In 2024, Compagnie, which operates across nearly 100 countries, reported revenues of 729.6 million euros, an 11.9 percent uptick on the year prior on a reported basis. The company's operating profit, meanwhile, rose 113.3 percent to 38.6 million euros.
Fashion Network
22-05-2025
- Business
- Fashion Network
Swaine and Cambridge Satchel owner Compagnie Chargeurs Invest raises €108m in new funding
After the successful takeover bid launched last year by CEO Michaël Fribourg, Compagnie Chargeurs Invest has announced a new funding round with four credit institutions, and new bilateral loans. The French group specialised in fibres, textiles and films has announced it has raised €108 million through the funding round, working with French and international banks Groupe BPCE (Caisse d'Epargne Ile-de-France, Natixis, and Banque Palatine), HSBC Continental Europe, La Banque Postale, and AG2R La Mondiale. Compagnie Chargeurs Invest has also secured new renewable bilateral loans with Arkéa Banque and Bpifrance. 'More than ever, we are in a position to increase the competitive advantage of our fast-growing global leaders,' said Fribourg. 'The strong propensity of investors to collaborate with the group illustrates the long-term attractiveness of our model and the financial strength of [Compagnie Chargeurs Invest], which disposes of high-quality assets with very high financial value,' he added. The group is present in 100 countries with 2,600 employees, and is a supplier of leading apparel brands as well as the owner of the Swaine and The Cambridge Satchel Company brands. Last year, Compagnie Chargeurs Invest increased its revenue by 12% , reaching €729.6 million.
Fashion Network
22-05-2025
- Business
- Fashion Network
Swaine and Cambridge Satchel owner Compagnie Chargeurs Invest raises €108m in new funding
After the successful takeover bid launched last year by CEO Michaël Fribourg, Compagnie Chargeurs Invest has announced a new funding round with four credit institutions, and new bilateral loans. The French group specialised in fibres, textiles and films has announced it has raised €108 million through the funding round, working with French and international banks Groupe BPCE (Caisse d'Epargne Ile-de-France, Natixis, and Banque Palatine), HSBC Continental Europe, La Banque Postale, and AG2R La Mondiale. Compagnie Chargeurs Invest has also secured new renewable bilateral loans with Arkéa Banque and Bpifrance. 'More than ever, we are in a position to increase the competitive advantage of our fast-growing global leaders,' said Fribourg. 'The strong propensity of investors to collaborate with the group illustrates the long-term attractiveness of our model and the financial strength of [Compagnie Chargeurs Invest], which disposes of high-quality assets with very high financial value,' he added. The group is present in 100 countries with 2,600 employees, and is a supplier of leading apparel brands as well as the owner of the Swaine and The Cambridge Satchel Company brands. Last year, Compagnie Chargeurs Invest increased its revenue by 12% , reaching €729.6 million.
Fashion Network
22-05-2025
- Business
- Fashion Network
Swaine and Cambridge Satchel owner Compagnie Chargeurs Invest raises €108m in new funding
After the successful takeover bid launched last year by CEO Michaël Fribourg, Compagnie Chargeurs Invest has announced a new funding round with four credit institutions, and new bilateral loans. The French group specialised in fibres, textiles and films has announced it has raised €108 million through the funding round, working with French and international banks Groupe BPCE (Caisse d'Epargne Ile-de-France, Natixis, and Banque Palatine), HSBC Continental Europe, La Banque Postale, and AG2R La Mondiale. Compagnie Chargeurs Invest has also secured new renewable bilateral loans with Arkéa Banque and Bpifrance. 'More than ever, we are in a position to increase the competitive advantage of our fast-growing global leaders,' said Fribourg. 'The strong propensity of investors to collaborate with the group illustrates the long-term attractiveness of our model and the financial strength of [Compagnie Chargeurs Invest], which disposes of high-quality assets with very high financial value,' he added. The group is present in 100 countries with 2,600 employees, and is a supplier of leading apparel brands as well as the owner of the Swaine and The Cambridge Satchel Company brands. Last year, Compagnie Chargeurs Invest increased its revenue by 12% , reaching €729.6 million.
Fashion Network
30-04-2025
- Business
- Fashion Network
Compagnie Chargeurs Invest maintains growth in the first quarter
Compagnie Chargeurs Invest, the French textile specialist, reported revenue of €187.8 million for the first quarter of 2025, spanning January to March. This marks a 5.6% rise overall and a 2.8% increase organically, achieved against a backdrop of global market uncertainty. Within the Fashion & Luxury division, the Personal Goods segment posted the strongest growth, up 21.4%, although it remains a smaller contributor at €3.4 million. Luxury Fibers generated €21.5 million in revenue, down 6.9%, while Chargeurs PCC, specializing in technical fabrics, posted €51.6 million, a slight gain of 0.6%. The group's Innovative Materials division, which includes Novacel protective films, recorded €74.3 million in revenue, up 2.6%. Meanwhile, the Culture & Education division, which provides services to museums and cultural institutions, surged 31.2% to reach €37 million. 'This performance reflects the quality of our portfolio, marked by sectoral and geographical diversification,' said chairman and CEO Michaël Fribourg. 'We approach the year with confidence, backed by strict management of performance and cash flow, which ensures long-term value creation.' Having introduced a new brand identity in January, Chargeurs closed fiscal 2024 with €729.6 million in revenue, representing growth of 11.9% overall and 10.7% on an organic basis.
