Clearwater International acted as financial adviser to the shareholders of S.I. Finance S.A., a 100% subsidiary of SUEZ S.A., Paris, on the sale of Tack Schuh GmbH to COLLOSEUM Handels- und Beteiligungs GmbH.
Tack Schuh GmbH is a leading German shoe retailer with stores in 1a City locations, offering products in the lower to intermediate price ranges. In 2002 the company generated net sales of approximately €67m and employs around 450 staff at the company’s headquarters in Offenbach, and its 45 stores in Germany.
Clearwater International, led by partners Dierk Rottmann and Tobias Schätzmüller, advised SUEZ.