3i to Sell Amor Group to Gilde Buy Out Partners

April 18, 2016

Willkie client 3i has agreed to sell the German jewelry company to Gilde Buy Out Partners.  

On April 18, Willkie client 3i announced that funds advised by 3i Group plc and funds managed by 3i will sell Amor, the German market leader for affordable precious jewelry, to Gilde Buy Out Partners. As part of the transaction, the Amor management team will become a significant shareholder in the company.

Amor Group is one of the most successful, vertically integrated suppliers of affordable precious jewelry. Headquartered near Frankfurt, Amor is a full-service system provider in the affordable gold and silver jewelry segment. The company sells more than 5 million pieces of jewelry annually at more than 2,900 points of sale in 24 countries.

3i is a leading international investment manager focused on mid-market private equity, infrastructure and debt management across Europe, Asia and North America. Gilde Buy Out Partners is a European private equity investor in mid-market transactions with operations in the DACH region and the Benelux, managing funds in excess of €3 billion.

The Willkie team was led by partner Mario Schmidt and included partners Jan Wilms and Susanne Zuehlke; national partners Jasmin Dettmar and Christian Rolf; and associates Daniel Zakrzewski, Stefan Bührle, Johannes Eckhardt, Andreas Knödler, Martin Waskowski, Laura Pfirrmann and Jochen Riechwald.