PAPA OSCAR sells its shares to a strategic investor.
Frankfurt, January 29, 2019 – PAPA OSCAR Fashion Group GmbH, aninvestment company focused on early-stage investments in companies in the fashion and lifestyle sectors, has announced anotherround of financing today. The new investor is STINSON GmbH, a family operated investment office founded by Peter Brenner in 2012. PAPA OSCAR has managed to expand its portfolio to eight companies in just ten months. The company’s high-performance platforms leverage the group’s strategic, operational and functional expertise by leveraging resources, capabilities and best practices to increase efficiency and profitability in its portfolio companies.”The consumer goods business is changing rapidly as consumers have the possibility to choose from a larger selection of innovative brands and products. Through our investment in PAPA OSCAR Fashion Group, we can address the needs of consumers and further capitalize onsuccessful portfolio management,”says Peter Brenner, founder and Managing Director of STINSON. “In 2018, the management of the PAPA OSCAR Fashion Group established Germany’s leading early-stage investor in fashion and lifestyle for young companies with sustainable portfolio support. In particular, the sustainability and speed were decisive factors for our investment,” adds Peter Brenner.Christian Ogait, founder and CEO of PAPA OSCAR, commented on the financing round, “The entire team has done extraordinarily well in the last year. With the investmentfrom STINSON GmbH, we will be able to expand our portfolio to around 15 companies by the end of 2019. With Peter Brenner and his team, we were able to acquire proven experts for our advisory team. In particular, the international experience of Peter Brenner will help us achieve our corporate goals in the long term.
About STINSON GmbH:
STINSON GmbH acts as a diversified family office with multiple asset classes. Founded in 2012, the investment strategy specializes in sustainable investments. In 2009, STINSON CEO Peter Brenner successfully listed the first German company on the Hong Kong stock exchange, through the listing of Schramm Holding AG.
About PAPA OSCAR Fashion Group GmbH:
PAPA OSCAR Fashion Group GmbH (www.papaoscar.de) was founded in 2017. The company is an investment company with a focus on early-stage investments in companies in the fashion and lifestyle sectors.
The company’s high-performance platforms leverage the group’s strategic, operational and functional expertise by leveraging resources, capabilities and best practices to increase efficiency and profitability in its portfolio companies.
With several holdings in fashion and lifestyle brands, the company is aiming to triple its combined sales from its holdings in 2019.
Further information can be found at: https://www.papaoscar.de
PAPA OSCAR Fashion Group GmbH