Latest news with #LionCapital
Korea Herald
03-06-2025
- Business
- Korea Herald
DTX Group Debuts as Global Force, Powered by Strategic Vision and Independence Under Hussein Lookmanjee's Leadership
Backed by years of preparation and a clear global strategy, DTX Group launches to capitalize on emerging market opportunities and reshape the international aviation maintenance landscape. DUBAI, UAE, June 2, 2025 /PRNewswire/ -- DTX Group proudly announces its official launch, marking a strategic evolution in the global aerospace sector. This milestone coincides with Hussein Lookmanjee's full divestment from Drayton Aerospace, with his remaining equity acquired by Lion Capital. This move enables Lookmanjee to fully commit his efforts and resources to the international growth and leadership of DTX Group. In 2019, Drayton Aerospace defined two parallel strategic paths: a regional focused business led by local management, and an international division under the leadership of Hussein Lookmanjee. Recognizing Lookmanjee's strengths in launching greenfield operations, the board tasked him with leading international operations, while localizing leadership of its China operations by appointing Mr. Hong Qi Ye as the China President, in 2020 and later in 2021, Mr. Steven Young as CEO of Drayton Aerospace. Importantly, while Lion Capital has assumed the controlling interest of Drayton Aerospace's China-based operations; along with eight other Chinese partners, all non-China Drayton entities—including the Brazil-based MRO companies and global support units—are now part of the DTX Group and remain under the sole ownership of Hussein Lookmanjee. This structural realignment reflects the differing strategic priorities between the China-focused shareholders and the internationally driven DTX team. Over the last six years, Lookmanjee and his senior team have built a strong global platform—opening new maintenance facilities, launching a parts distribution business, and expanding into key markets such as South America and the Middle East. Under his leadership Drayton Aerospace has become a leading independent player in the civil, freight aviation MRO markets. "Now is the right time for this transition," said Hussein Lookmanjee. "DTX Group has evolved into a globally competitive business that merits dedicated focus. This move enables us to pursue our original international vision with greater clarity and autonomy. We plan to fully invest the proceeds from the Drayton divestment into strategic growth opportunities, including three exciting acquisitions slated for completion before year's end." Although DTX Group's international strategy experienced temporary delays during the COVID-19 pandemic, momentum has since resumed. Formally established in September 2024, DTX Group is headquartered in the Middle East, with its parts trading business operating in the United States and two MRO facilities located in Brazil. The Group is on track to launch a new MRO facility in the Middle East by Q3 2025. with additional expansion targeted across Africa and Europe. DTX Group will now operate independently to pursue global growth opportunities. Its international team—assembled and refined over several years—has been fully integrated into the organization and is well-positioned to lead the next phase of development with a clear and focused strategic vision. For more information, please visit:
Cision Canada
02-06-2025
- Business
- Cision Canada
DTX Group Debuts as Global Force, Powered by Strategic Vision and Independence Under Hussein Lookmanjee's Leadership Français
Backed by years of preparation and a clear global strategy, DTX Group launches to capitalize on emerging market opportunities and reshape the international aviation maintenance landscape. DUBAI, UAE, June 2, 2025 /CNW/ -- DTX Group proudly announces its official launch, marking a strategic evolution in the global aerospace sector. This milestone coincides with Hussein Lookmanjee's full divestment from Drayton Aerospace, with his remaining equity acquired by Lion Capital. This move enables Lookmanjee to fully commit his efforts and resources to the international growth and leadership of DTX Group. In 2019, Drayton Aerospace defined two parallel strategic paths: a regional focused business led by local management, and an international division under the leadership of Hussein Lookmanjee. Recognizing Lookmanjee's strengths in launching greenfield operations, the board tasked him with leading international operations, while localizing leadership of its China operations by appointing Mr. Hong Qi Ye as the China President, in 2020 and later in 2021, Mr. Steven Young as CEO of Drayton Aerospace. Importantly, while Lion Capital has assumed the controlling interest of Drayton Aerospace's China-based operations; along with eight other Chinese partners, all non-China Drayton entities—including the Brazil-based MRO companies and global support units—are now part of the DTX Group and remain under the sole ownership of Hussein Lookmanjee. This structural realignment reflects the differing strategic priorities between the China-focused shareholders and the internationally driven DTX team. Over the last six years, Lookmanjee and his senior team have built a strong global platform—opening new maintenance facilities, launching a parts distribution business, and expanding into key markets such as South America and the Middle East. Under his leadership Drayton Aerospace has become a leading independent player in the civil, freight aviation MRO markets. "Now is the right time for this transition," said Hussein Lookmanjee. "DTX Group has evolved into a globally competitive business that merits dedicated focus. This move enables us to pursue our original international vision with greater clarity and autonomy. We plan to fully invest the proceeds from the Drayton divestment into strategic growth opportunities, including three exciting acquisitions slated for completion before year's end." Although DTX Group's international strategy experienced temporary delays during the COVID-19 pandemic, momentum has since resumed. Formally established in September 2024, DTX Group is headquartered in the Middle East, with its parts trading business operating in the United States and two MRO facilities located in Brazil. The Group is on track to launch a new MRO facility in the Middle East by Q3 2025. with additional expansion targeted across Africa and Europe. DTX Group will now operate independently to pursue global growth opportunities. Its international team—assembled and refined over several years—has been fully integrated into the organization and is well-positioned to lead the next phase of development with a clear and focused strategic vision.
Yahoo
02-06-2025
- Business
- Yahoo
DTX Group Debuts as Global Force, Powered by Strategic Vision and Independence Under Hussein Lookmanjee's Leadership
Backed by years of preparation and a clear global strategy, DTX Group launches to capitalize on emerging market opportunities and reshape the international aviation maintenance landscape. DUBAI, UAE, June 2, 2025 /PRNewswire/ -- DTX Group proudly announces its official launch, marking a strategic evolution in the global aerospace sector. This milestone coincides with Hussein Lookmanjee's full divestment from Drayton Aerospace, with his remaining equity acquired by Lion Capital. This move enables Lookmanjee to fully commit his efforts and resources to the international growth and leadership of DTX Group. In 2019, Drayton Aerospace defined two parallel strategic paths: a regional focused business led by local management, and an international division under the leadership of Hussein Lookmanjee. Recognizing Lookmanjee's strengths in launching greenfield operations, the board tasked him with leading international operations, while localizing leadership of its China operations by appointing Mr. Hong Qi Ye as the China President, in 2020 and later in 2021, Mr. Steven Young as CEO of Drayton Aerospace. Importantly, while Lion Capital has assumed the controlling interest of Drayton Aerospace's China-based operations; along with eight other Chinese partners, all non-China Drayton entities—including the Brazil-based MRO companies and global support units—are now part of the DTX Group and remain under the sole ownership of Hussein Lookmanjee. This structural realignment reflects the differing strategic priorities between the China-focused shareholders and the internationally driven DTX team. Over the last six years, Lookmanjee and his senior team have built a strong global platform—opening new maintenance facilities, launching a parts distribution business, and expanding into key markets such as South America and the Middle East. Under his leadership Drayton Aerospace has become a leading independent player in the civil, freight aviation MRO markets. "Now is the right time for this transition," said Hussein Lookmanjee. "DTX Group has evolved into a globally competitive business that merits dedicated focus. This move enables us to pursue our original international vision with greater clarity and autonomy. We plan to fully invest the proceeds from the Drayton divestment into strategic growth opportunities, including three exciting acquisitions slated for completion before year's end." Although DTX Group's international strategy experienced temporary delays during the COVID-19 pandemic, momentum has since resumed. Formally established in September 2024, DTX Group is headquartered in the Middle East, with its parts trading business operating in the United States and two MRO facilities located in Brazil. The Group is on track to launch a new MRO facility in the Middle East by Q3 2025. with additional expansion targeted across Africa and Europe. DTX Group will now operate independently to pursue global growth opportunities. Its international team—assembled and refined over several years—has been fully integrated into the organization and is well-positioned to lead the next phase of development with a clear and focused strategic vision. For more information, please visit: View original content: SOURCE Aerospace Marketing Group Sign in to access your portfolio
Forbes
21-04-2025
- Business
- Forbes
Resilience In Rebellion: The Rollercoaster Rise Of AllSaints
The brand has faced down near-collapse, complex restructures, and shifting ownership. Yet it still ... More dresses a loyal following in washed leathers, charcoal drapes, and attitude. Its stores remain immersive, its identity intact. Even when the spreadsheets wobble, the styling doesn't. In the ever-volatile world of fashion retail, some brands vanish with barely a whisper. AllSaints, however, refuses to go quietly. Its story is part cult favourite, part cautionary tale—and entirely fascinating. The brand has faced down near-collapse, complex restructures, and shifting ownership. Yet it still dresses a loyal following in washed leathers, charcoal drapes, and attitude. Its stores remain immersive, its identity intact. Even when the spreadsheets wobble, the styling doesn't. This is not a polished journey. It's a retail rollercoaster—but one that reveals vital lessons about brand staying power, emotional consistency, and the balancing act of being both outsider and operator. Founded in 1994 by Stuart Trevor and Kait Bolongaro, AllSaints began as a menswear wholesaler named after Notting Hill's All Saints Road and Trevor's initials ('ST'). Its first standalone store launched on All Saints Day in 1997—setting the tone for a brand where symbolism and story matter. From the start, AllSaints was never just about product. It was about presence. The aesthetic—gritty, urban, and unpolished—offered a direct counterpoint to the glossy high street. You didn't just wear AllSaints; you bought into a feeling. By 2010, global expansion was in full flow. Flagship US stores opened in New York, LA, Miami, and Chicago. International growth exploded. But like many fashion brands of the era, scale came at a cost. In 2011, with debts exceeding £50 million following the collapse of its Icelandic investors, AllSaints was pulled back from the brink by private equity firm Lion Capital, which bought a 76% stake and restructured the business. In 2023, the brand posted record results: £457 million in revenue, up 36%, and a 50% increase in ... More operating profit, reaching £58.6 million. The turnaround was attributed to tighter inventory control, global expansion, and the integration of John Varvatos, acquired in 2021 by parent company Lion Capital. What followed was a decade of operational rework—sometimes faltering, sometimes brilliant. Under CEO William Kim (formerly Burberry), AllSaints doubled down on digital and opened up Asia as a growth market. By 2020, revenue had climbed to £364.1 million, with operating profit up 161% year-on-year. But then came COVID. And with it, the CVA: a critical move that allowed AllSaints to restructure store rents across the UK and North America. While not administration, it was another sharp turn on the rollercoaster. Three years later, AllSaints had flipped the narrative again. In 2023, the brand posted record results: £457 million in revenue, up 36%, and a 50% increase in operating profit, reaching £58.6 million. The turnaround was attributed to tighter inventory control, global expansion, and the integration of John Varvatos, acquired in 2021 by parent company Lion Capital. The resilience is real. But what makes it remarkable is that through it all, the brand still looks like AllSaints. Step into any AllSaints store and you know exactly where you are. Dark wood, concrete, moody lighting. While others chase bright lights and digital theatre, AllSaints has stayed brooding and tactile. This consistency in look and feel does not seem to be an outcome of laziness—but strategy. And the clothing itself? Still distinct. Leathers remain a signature. Dresses are asymmetric, fluid, and flattering. Menswear nods to subculture with wearability. It's not designed to disrupt trends but remain a 'classic' outside of them with some eternal rock 'n' roll edge. There's a thread of consistency that runs through the chaos. And it's consumer-facing. Despite the financial ups and downs, customers stay for: • Design that feels elevated without alienating. • Visual merchandising that inspires without overwhelming. • A brand voice that doesn't try too hard to be liked—but remains authentic. Even in crowded wardrobes, AllSaints pieces are the ones consumers reach for again and again, and certainly performs well in the re-sale marketplace. Many brands that navigate financial turmoil lose their soul in the process. While the AllSaints business strategy has adapted—licensing, wholesale, global e-commerce—the creative core does not seem to have shifted as significantly as other brands that have undergone similar twisted fortunes. What the brand aesthetic seems to prove is this: if you get the consumer consistency right, you can rebuild the business. AllSaints has weathered fashion fads, financial shocks, and global crises. And while its story is far from linear, it is—remarkably—still standing. Not because it was the loudest, fastest, or flashiest. But because it was clear on who it was, and who it was for. In a world of perpetual pivots, that clarity is a luxury in itself. And perhaps that's what makes AllSaints such a rare breed in fashion: a brand that has changed everything—and yet stayed exactly the same.
The Independent
17-02-2025
- Business
- The Independent
Gordon Ramsay merges restaurant arms as private equity firm invests
Gordon Ramsay is merging his UK and US restaurant businesses in a deal which will bring fresh private equity investment into the celebrity chef's firm. The chef said the deal will help him to expand further internationally and create more partnerships across the group, which has 94 restaurants globally. The reorganisation of his restaurant empire will bring all of his business globally into one firm, which he will own 50-50 with Lion Capital. Together, and with the support of a brilliant team, we are poised to grow our international reach, create new partnerships, and bring exceptional dining experiences to more people around the world Gordon Ramsay Gordon Ramsay Restaurants will have its own executive management team and board of directors based in London. The celebrity chef's restaurant business was launched in 1998 and has expanded to now include 37 restaurants in the UK, 35 in the US and 22 in other countries. His restaurants hold a total of eight Michelin stars. Lion Capital will provide new funding into the firm after first striking a deal in 2019 to invest 100 million dollars (£79.4 million) to take a 50% stake in his North America business. Mr Ramsay said: 'This is an exciting new chapter for our business, building on over five years of collaboration with Lion Capital. 'Together, and with the support of a brilliant team, we are poised to grow our international reach, create new partnerships, and bring exceptional dining experiences to more people around the world.' The restaurant group has recently signed a deal to serve hospitality clients at 10 races during this year's Formula One season. It has also opened Europe's highest restaurant at 22 Bishopsgate in London in recent weeks. Andy Wenlock, chief executive of Gordon Ramsay Restaurants, said: 'Lion Capital shares our passion for delivering world-class culinary experiences, and with their partnership and hospitality sector expertise, we're well-positioned to accelerate our expansion on a global scale. 'With this transaction now complete, we will be able to expand our horizons, continue to innovate, scale up, diversify the type of agreements we strike for new locations, and importantly meet the demands of the modern consumer.'
