Homefashion Group ("HFG") and Gilde Equity Management ("Gilde") have reached an agreement with Orlando Capital V ("Orlando") regarding the acquisition of the retail brands Kwantum and Leen Bakker. Completion of the acquisition is expected in March 2026 and is subject to the usual consultation with the Works Council and approval by the Authority for Consumers & Markets (ACM).
The acquisition will be executed through two connected transactions, with Orlando becoming the new owner of both retail brands. Upon completion, Kwantum and Leen Bakker will continue to operate as independent brands, each retaining its own identity, strategy, and customer focus.
© Kwantum
The acquisition represents an important milestone for Kwantum and Leen Bakker and provides a solid foundation for their continued development. Orlando brings a long-term investment perspective and has secured dedicated funding to support both the execution of existing plans and future development initiatives. This strengthens the group's financial position and provides the flexibility to continue investing in the brands, their offerings, and their organisations.
Upon completion of the acquisition, customers, suppliers, and partners can continue to rely on the strength of Kwantum and Leen Bakker and on constructive, long-term cooperation. All HFG employees will transfer to the new owner.
Orlando is an experienced long-term investor with extensive expertise in supporting companies across various European countries. The investor works closely with management teams to define strategic direction and ensure its operational execution, with the aim of building resilient organisations for the long term. Orlando intends to collaborate closely with the existing management team to guide the further development of both brands.
© Leen Bakker
"We see a strong foundation and clear potential in Kwantum and Leen Bakker," said Simon Pfennigsdorf, Partner at Orlando Capital V. "Together with the executive team, management teams, and employees, we aim to support the further development of both brands and provide the stability and resources needed to move forward with confidence."
"This step marks an important new phase for Homefashion Group," said Linda Keijzer, CEO of Homefashion Group. "The new ownership structure supports our existing plans and allows us to remain focused on our customers, our people, and our partners. With Orlando Capital V as the new owner, we look forward with confidence to the continued development of Kwantum and Leen Bakker as strong, independent brands."
The acquisition will be finalised upon completion of the consultation and approval procedures.
