MyTheresa acquiresYoox : the advisors
Homburger advised MyTheresa on its acquisition of YOOX NET-A-PORTER from Richemont. Baker McKenzie serves as co-counsel to Mytheresa and its Supervisory Board, advising on strategy and structuring matters, Dutch governance and corporate law, US securities and capital markets, Dutch banking and finance law and Italian tax matters.
On October 7, 2024, MYT Netherlands Parent B.V. (Mytheresa) announced that it has entered into a definitive agreement with Compagnie Financière Richemont SA (Richemont) to acquire YOOX NET-A-PORTER (YNAP) in exchange for a 33% equity stake in Mytheresa.
Homburger’s team
Homburger advised MyTheresa on the Swiss aspects of the transaction. The Homburger team advising MyTheresa was led by Daniel Hasler (pictured) and included Jonas Stähli and Felix Beltle (all corporate / M&A) as well as Allegra Arnold (competition).
Baker McKenzie’s team
Led by partners Bernhard Trappehl (Munich), Roger Bivans (Dallas), Rebecca Kuijpers-Zimmerman (Amsterdam) and Francesco Pisciotta (Milan), the Baker McKenzie team advising Mytheresa includes partners Tim Alferink (Amsterdam), Thomas Gierath (Munich), associates Willem Jan Treuren, Renske Boesten, Casper Henschen, Laila Kouchi (all Amsterdam), Justus Eisenbeiss (Frankfurt) and counsel Davide Chiesa (Milan).
About the acquisition
YNAP will contribute to MyTheresa’s aim to become a global, multi-brand digital luxury group offering a highly curated and strongly differentiated edit of the most prestigious luxury brands and products to luxury enthusiasts worldwide. The acquisition will be completed in the first half of 2025 after receiving all required regulatory approvals.
