TJX acquires 25% of Familia
A Baring Vostok portfolio company Familia – Russia’s leading off-price apparel and home fashions retailer – announced that the TJX Companies has acquired a 25% ownership stake in the Company from existing shareholders for USD 225 million. Baring Vostok fund and other Familia shareholders retain significant stakes in the Company and are committed to its long-term growth.
To learn more read Familia’s press release.
Baring Vostok is a leading private equity firm in Russia. Since 1996, Baring Vostok funds have invested more than USD 500 million in 13 companies operating in consumer goods and services segment. Along with Familia Baring Vostok holds stakes in VkusVill, Ozon, Skyeng, Viasat and others.