// Scotch & Soda is working with Teneo on plans to sell up after more than a decade
// The retailer is currently owned by private equity investor Sun European Partners
Scotch & Soda is exploring a sale after being in private equity ownership for more than a decade.
The Dutch fashion retailer has drafted in advisers to oversee a sale after discussions about a refinancing of the company.
Scotch & Soda is currently owned by private equity investor Sun European Partners.
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Professional services firm Teneo has been hired to run the sale process.
Rothschild had been advising Scotch & Soda on its refinancing plans, while EY has been engaged to work with the company’s lenders.
Sun has been an investor in the fashion retailer since 2011, when it jointly acquired the business with Kellwood, one of Sun’s portfolio companies at the time.
Sun is expected to sell the entirety of its controlling stake in Scotch & Soda as part of the process, Sky News reported.
