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€249,99 including VAT
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€999,99 including VAT
We created this article as part of our research process for our European single family office database. Here, we are highlighting the private equity investment of Manzanita Capital, the single family office of the Fisher family.
Manzanita Capital is the single family office of the Fisher family. Now, it acquired a majority share of D.S. & Durga, a niche perfumery brand. The company was launched in 2009 and operates successful fragrances like Debaser and Grapefruit Generation. In 2022, the perfume maker launched a new fragrance called Bistro Waters. The Fisher family is well acquainted with the perfumery business. It was previously invested in Byredo. The firm was sold to Puig in 2022 for approximately $1BN. Manzanita also owns the perfume company Diptyque.
Also, the former Fisher family office portfolio company EveLom was sold (acquired by Yatsen) and Kevyn Aucoin (acquired Harmay). One crucial investment pattern of Manzanita is the focus on founder-led businesses. Also, in the case of D.S. & Durga, the founders David and Kavi Moltz will stay in their executive roles.
Article Source: Business of Fashion
Picture source: Fulvio Ficcolo
