The Calida Group, Switzerland, recently acquired Miami-based lingerie and loungewear brand Cosabella for $80 million including earn out. The family-owned business, managed by the second-generation, employs 50 people and generated sales totaling $29 million in 2021. The Calida Group hopes the acquisition will help pave the way for its Calida and Aubade brands to enter the U.S. market, and also will unlock Cosabella’s growth potential in both the United States and Europe.
“With the acquisition of the strong e-commerce brand Cosabella, we continue focusing
the Calida Group on its core segment while simultaneously enhancing its online growth,” said Hans-Kristian Hoejsgaard, chairman of the board of directors of the Calida Group.