{"id":1431,"date":"2019-08-20T09:55:00","date_gmt":"2019-08-20T07:55:00","guid":{"rendered":"https:\/\/renzenbrink-partner.de\/deals\/renzenbrink-partner-advises-closed-on-the-exit-of-genui-and-the-reorganization-of-the-shareholder-structure\/"},"modified":"2025-01-23T10:12:11","modified_gmt":"2025-01-23T09:12:11","slug":"renzenbrink-partner-advises-closed-on-the-exit-of-genui-and-the-reorganization-of-the-shareholder-structure","status":"publish","type":"deals","link":"https:\/\/renzenbrink-partner.de\/en\/deals\/renzenbrink-partner-advises-closed-on-the-exit-of-genui-and-the-reorganization-of-the-shareholder-structure\/","title":{"rendered":"Renzenbrink &amp; Partner advises CLOSED on the exit of GENUI and the reorganization of the shareholder structure"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">The CLOSED fashion brand has stood for unique designs, uncompromising quality and jeans made by hand in Italy since 1978. Since its beginnings, the Hamburg-based family business has focused on<br\/>sustainability and long-term partnerships. CLOSED manufactures 85% of its collection with European producers. This strategy has enabled the company to grow very successfully in recent years. With 50 monobrand stores and over 1,200 wholesale partners in 32 countries, CLOSED has a turnover of over 100 million euros.    <\/p>\n\n<p class=\"wp-block-paragraph\">GENUI joined CLOSED almost five years ago. At the end of the partnership with GENUI, CLOSED&#8217;s founding partners Giers, Nadler and Redlefsen acquired GENUI&#8217;s shares together with other private investors. <\/p>\n\n<p class=\"wp-block-paragraph\">Renzenbrink &amp; Partner advised CLOSED and its management comprehensively on the legal aspects of the transaction. The team consisted of partners <a href=\"https:\/\/renzenbrink-partner.de\/en\/team\/dr-andreas-stoll-ll-m\/\">Dr. Andreas Stoll<\/a>, <a href=\"https:\/\/renzenbrink-partner.de\/en\/team\/dr-ulf-renzenbrink-ll-m\/\">Dr. Ulf Renzenbrink<\/a>, <a href=\"https:\/\/renzenbrink-partner.de\/en\/team\/dr-dennis-schlottmann\/\">Dr. Dennis Schlottmann<\/a> (Corporate\/M&amp;A) and <a href=\"https:\/\/renzenbrink-partner.de\/en\/team\/marc-holger-kotyrba\/\">Marc Kotyrba<\/a> (Tax) as well as associates Pablo Albrecht (Corporate\/M&amp;A) and Dr. Florian Seitz (Tax). <\/p>\n","protected":false},"featured_media":1405,"template":"","class_list":["post-1431","deals","type-deals","status-publish","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Renzenbrink &amp; Partner advises CLOSED on the exit of GENUI and the reorganization of the shareholder structure - Renzenbrink &amp; Partner<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/renzenbrink-partner.de\/en\/deals\/renzenbrink-partner-advises-closed-on-the-exit-of-genui-and-the-reorganization-of-the-shareholder-structure\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Renzenbrink &amp; Partner advises CLOSED on the exit of GENUI and the reorganization of the shareholder structure - Renzenbrink &amp; Partner\" \/>\n<meta property=\"og:description\" content=\"The CLOSED fashion brand has stood for unique designs, uncompromising quality and jeans made by hand in Italy since 1978. Since its beginnings, the Hamburg-based family business has focused onsustainability and long-term partnerships. CLOSED manufactures 85% of its collection with European producers. This strategy has enabled the company to grow very successfully in recent years. 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