Chinese group acquires Dirk Bikkembergs
Zeis Excelsa, the owner of Dirk Bikkembergs, has sold 51% of shares in the company to Chinese based Guangzhou Canudilo, which already holds the exclusive distribution of the brand in China. Dirk Bikkembergs already operates through Guangzhou Canudilo 20 stores in China. Zeis Excelsa reported a turnover of 110 million euros in 2014. Together with Sinv, Zeis Excelsa will own the remaining shares in the company.