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Bakala has sold out its Pask stores, and the new owner is SEH Fund

Bakala has sold out its Pask stores, and the new owner is SEH Fund

“I am your home” to get you a grocery store.
| Photo: G ForkAnd Xman.cz

In addition to two stores representing several luxury brands, LBM also has three stores on Pask Street that focus solely on Bottega Veneta, Dsquared2 and Valentino products.

The sales contract was signed on August 31, gradually ending the long-term problems faced by LBM. In 2016, MF DNES noted that e With Bakal in the luxury business pli neda. At that time, the company changed from 28 stores to 16 stores, which has become the current point.

It has dealt a blow to the luxury trade, the Covid pandemic, which has driven well-to-do foreign tourists out of central Prague. That’s why it was on LBM in April of this year File for a protective stay against the host.

I am glad that after a difficult period last year and more, the company involuntarily could not do business, it was able to resume the positive development, which culminated mainly in the sale of the company, including Zuzana Eznkov, current chairman of the board of directors of LBM and portfolio manager The activities of the investor Zedica Bakali.

The investment owner SEH Private Equity, which was founded by the Hes brothers in 2007, became the new owner of the boutique. The company brings together purely Czech investors and their investment interests, is engaged in development, production and retail. Its co-founder Martin Hess, who acquired mobile operator U:FON in 2012 and later sold it to investor groups Nordic Investors. He is thus one of the greatest leaders of the C2H group, which included the mottos of Pietro Filipi and Kara.

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LBM has a great location on Pask Street, long-standing partnerships with the finest features in the world and a strong relationship with local clients. We intend to build on this combination as we carry out our full business. By showcasing the brands, street bar is now comparable to other world capitals, and we are convinced that its thorns will grow, even in the difficult post-Jewish state, of Martin Hess.