Deal Detail

Proposed acquisition by Steinhoff of Conforama from PPR (Gucci parent company) (deal value Euro 1.2 billion)

We are acting as local counsel for PPR (Skadden Arps, the leading Wall Street law firm, are the international counsel), A French luxury goods and furniture group (also the parent company of Gucci), in the proposed disposal of its furniture and household goods business, Conforama, to the JSE listed Steinhoff International Holdings Limited, being advised by DLA Cliffe Dekker as local counsel and Gide Loyrette (the leading French firm and Lex Mundi member)  as international counsel. The deal value is Euro 1.2 (approximately R12 billion). See further details in the attached article from the United Kingdom legal weekly publication, The Lawyer. 

Lawyers Involved:

Assisted By:

Gaby Sher



In association with Bowman Gilfillan Africa GroupMember of Lex MundiMember of Employment Law Alliance