San Marina Acquisition of Minelli SAS

Analysis Group was retained by Stéphane Collaert, co-owner of footwear brand San Marina in connection with an investigation by the French Competition Authority (FCA) of San Marina’s intended acquisition of French footwear and accessories brand Minelli SAS.

An Analysis Group team led by Managing Principal Antoine Chapsal, Principal Emmanuel Frot, and Managers Cecilia Caliandro and Mario Luca provided economic analysis to assess the competitive effects of the merger. Upon review, the FCA granted San Marina unconditional clearance to proceed with the acquisition.