The venture firm Sequoia Capital China has acquired the majority stake in the Norwegian fashion brand Holzweiler.
Holzweiler is known for its simple clothing focusing on quality and unique details. The brand was formed in 2012 by siblings Andreas and Susanne Holzweiler.
With the investment from Sequoia Capital China, Holzweiler wants to scale and accelerate its global D2C business and to expand in its key markets, including in Great Britain, the USA and China.
Accura advised Sequoia Capital China in connection with the Danish aspects of the transaction.