Transaction

Clearwater advises Tara Jarmon on its sale to AMS Industries

Transaction

AMS Industries acquired Tara Jarmon

Sell-side

Undisclosed

Role

Adviser to Tara Jarmon on its sale to AMS Industries

Sector

Consumer

Region

France & Belgium

We have advised David Jarmon, the shareholder of Tara Jarmon, a French affordable luxury fashion brand, on its sale to the family office AMS Industries.

David and Tara Jarmon, founders of the accessible luxury womenswear brand Tara Jarmon, have sold a majority stake in the company to AMS Industries to accelerate its international development.

Founded in 1986 by David and Tara Jarmon, Tara Jarmon is a French womenswear brand positioned in the accessible luxury segment. The company operates a network of approximately 50 shops and 60 corners, in addition to having a presence in around 600 multibrand stores worldwide.

With sales exceeding €50m and a retail volume of €100m, Tara Jarmon plans to double its sales over the next five years.

AMS Industries, a family-owned industrial holding founded by Jean-Paul Bize, already owns several watchmaking and jewelry houses, including jeweler Poiray and cultured pearls brand Tecla. AMS Industries aims to create a small luxury group and is also active in the tourism, hotel, and energy sectors.

Tara Jarmon luxury woman

After consulting several actors in the fashion world, we selected Jean-Paul Bize. In addition to the good relations he has developed with David Jarmon, it is his entrepreneurial profile, his long-term vision, but also his financial autonomy that made the difference.

FRANCIS VARESANO, GENERAL MANAGER, TARA JARMON

Advisers

Transactions