Empresas y finanzas

Berkshire Partners Invests in Masai Group International



    Berkshire Partners LLC, a Boston-based private equity firm, today
    announced that they have made an investment in Masai Group
    International to help accelerate and support the next phase of the
    Company's growth. Masai Group International distributes shoes under
    the Masai Barefoot Technology ("MBT") brand. MBT is the leading global
    provider of physiological footwear. Current shareholders Klaus
    Heidegger, a former world-class skier and past owner of Kiehl's, and
    Hermann Oberschneider, a successful Austrian sports and tourism
    entrepreneur, have retained a majority stake in MBT.

    Led by CEO Norbert Kraihamer and headquartered in Romanshorn,
    Switzerland, MBT designs athletic, casual and professional shoes and
    sandals that provide fitness and orthopedic benefits. MBT
    physiological footwear positively impacts the entire body and offers
    tangible benefits to health-conscious customers who are looking for
    improved posture and increased muscle activity during normal
    day-to-day wear as well as customers who suffer from back pain and
    muscle and joint problems.

    Initially developed for orthopedic applications by Swiss engineer
    Karl Muller, MBT's shape and structure, with the elliptical section or
    "Masai Sensor" underneath the heel, creates a natural instability
    underfoot that stimulates and exercises the body's supporting muscle
    system.

    Benefits of wearing MBTs include reduced impact on joints, better
    posture, increased caloric burn and muscle toning due to increased
    buttock, thigh and abdominal muscle activity, as well as a significant
    decrease of stress and pressure on the hip and knee joints.

    The product is available in over 20 countries including Germany,
    the U.K. and the United States.

    "In an increasingly health conscious world, MBT's differentiated
    product offers unique health and fitness benefits to an extremely
    broad audience," said Michael Ascione, Managing Director for Berkshire
    Partners. "We believe there is tremendous opportunity to increase
    brand awareness and further expand the product line worldwide. We are
    thrilled to be partners with Mr. Heidegger, Mr. Oberschneider and Mr.
    Kraihamer in growing this exciting brand."

    "MBT has tremendous potential and is already the leader in the new
    category of physiological footwear. Berkshire Partners' experience,
    knowledge and resources in the consumer product and retail sectors
    will contribute to the achievement of our long term growth
    strategies," said Norbert Kraihamer. "We are excited and look forward
    to working closely with Berkshire Partners." Prior to joining MBT,
    Kraihamer was a board member and Marketing and Sales Director for Red
    Bull. During his 11 year tenure there, Kraihamer led the international
    roll-out of Red Bull from two to 126 countries worldwide.

    William Blair & Company acted as the Company's financial advisor
    in the transaction. Weil, Gotshal & Manges LLP was legal counsel to
    Berkshire Partners while Baker & McKenzie provided legal counsel to
    the Company.

    About Masai Group International

    Masai Group International is the leading global provider of
    physiological footwear: footwear that has a positive effect on the
    entire body. Masai Group International markets and distributes shoes
    to over 20 countries under the Masai Barefoot Technology ("MBT")
    brand. Since the Company's founding in 1998, MBT has sold more than
    4.5 million pairs worldwide. MBT is based in Romanshorn, Switzerland.
    For additional information, visit www.swissmasai.com.

    About Berkshire Partners

    Berkshire Partners has invested in mid-sized private companies for
    more than 20 years through seven investment funds with aggregate
    capital commitments of approximately $6.5 billion. Berkshire seeks
    companies with acquisition values between $200 million and $2.0
    billion and in a given transaction makes equity investments of
    approximately $50 million to $500 million. Berkshire has developed
    specific industry experience in several areas, including consumer
    products, retailing, business services, transportation, energy,
    manufacturing and communications. Berkshire's consumer and retail
    investments include Aritzia, Bare Escentuals, Carter's, Citizens of
    Humanity, Party City and Waterworks. The firm's transactions have
    included acquisitions, growth equity investments, and turnarounds in
    both the U.S. and abroad. Over the past two decades, Berkshire has
    been an investor in 90 operating companies with more than $19 billion
    of acquisition value and combined revenues in excess of $21 billion.
    For additional information, visit www.berkshirepartners.com.