Original article by Rebecca Thurlow
The Australian – Page: 17 : 12-Jan-15

The acquisition of Mambo by Saban Brands is the latest example of an overseas group being attracted to an Australian clothing business with links to the nation’s beach and surfing culture. Previous ones were the purchases of Seafolly by LVMH Moet Hennessy Louis Vuitton and of Billabong International by a consortium of US-based hedge funds headed by Centerbridge Partners. Saban’s manager of strategic business development, Dan Castle, says Mambo’s irreverent design philosophy will be largely retained

CORPORATES
MAMBO, SABAN CAPITAL GROUP INCORPORATED, BILLABONG INTERNATIONAL LIMITED – ASX BBG, SEAFOLLY PTY LTD, CENTERBRIDGE PARTNERS LP, LVMH MOET HENNESSY LOUIS VUITTON SA, QUIKSILVER INCORPORATED, BONDS INDUSTRIES LIMITED, PACIFIC BRANDS LIMITED – ASX PBG, SPEEDO AUSTRALIA PTY LTD, BRAND FINANCE (AUSTRALIA) PTY LTD, NEW YORK STOCK EXCHANGE