Carlyle Buys into Brazilian Furniture Maker

Carlyle Buys into Brazilian Furniture Maker

Brazil M&A Funds

The Carlyle Group has agreed to acquire 60% of Brazilian specialty furniture retailer Tok&Stok from founders Ghislaine and Regis Dubrule, it says. Ghislaine Dubrule is to remain as CEO of Tok&Stok following the transaction, and the founders will retain a 40% stake. Carlyle does not disclose the value of the transaction, estimated to be around BRL700m ($347m) in local media. The funds used in the purchase come out of a $1bn pool of capital managed by Carlyle's South America Buyout Fund and the Fu

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial