VERAISON supports the proposals for the industrial strengthening of the Board of Directors of the Calida Group. With Felix Sulzberger, a proven expert, held in high esteem by the market, has been proposed as chairman of the Board of Directors. Felix Sulzberger led Calida Group very successfully as CEO from 2001 to 2016. In his more than 14 years as CEO, Felix Sulzberger increased the value of the Calida Group by more than three times, creating significant shareholder value . Thomas Stöcklin, also brings proven financial expertise from the textile & retail industry and a deep knowledge of Calida Group as its former CFO.
VERAISON is convinced that under the strengthened Board of Directors the creation of long-term shareholder value will be a core focus and is looking forward to the cooperation. From VERAISON’s point of view, Calida should now focus on the successful integration of the two acquired companies Cosabella and erlich, shareholder-friendly capital allocation and the review of all strategic options regarding Lafuma Mobilier. Lafuma Mobilier is not part of the declared strategic core “On my Skin” of the Calida Group and will likely achieve a significantly higher valuation in the event of a sale than as part of the Calida Group. A sale of Lafuma Mobilier would thus further advance the focus strategy of Calida Group and enable significant value crystallization.
Eric Sibbern, Senior Partner of VERAISON will be proposed by the Board of Directors of Calida Group as a new member of the Board of Directors. Gregor Greber is also proposed for re-election, but now as an independent member post handing over all responsibilities with VERAISON.
