Segal: Crate & Barrel sold two-thirds stake to Otto Group in 1998
Gordon Segal · Crate & Barrel: Gordon Segal · Feb 20, 2017 · at 20:06
Gordon Segal, co-founder of Crate & Barrel, explains the two-step sale structure and succession plan agreed upon with Germany's Otto Group.
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“In 98, we sold them about two thirds of the company. And 10 years later, and the contract was for 10 years, we sold them the rest of the third.”
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