Barclays Private Equity has sold its 51% stake in Schild AG to the management team, which now holds 60% in collaboration with EGS Beteiligungen AG as the largest minority shareholder, ensuring long-term growth and strategic continuity.

Information on the Target

Schild AG is a well-established Swiss company in the fashion retail sector, known for its innovative approach and strategic growth initiatives. Under the leadership of President Stefan Portmann and CEO Thomas Herbert, the company has undergone significant transformation since the management buyout in 2003 and the subsequent acquisition of the Spengler fashion business in 2004. Recently, the management team has successfully increased their ownership stake to 60%, signifying a strong commitment to the company's future and operational strategies.

The management's increased shareholding emphasizes their dedication to ensuring continuity and sustainability in SCHILD’s business development. This move aims to reinforce brand integrity and sustain momentum in a competitive market, alongside the existing management team, which has also expanded its stake to 9%.

Industry Overview in Switzerland

The Swiss retail industry, particularly the fashion segment, is characterized by its resilience and adaptability. Despite the challenges posed by fluctuating economic conditions, Swiss retailers have consistently