FTS Global acquires Generation7group (Goldner Fashion Group) in centenary handover

What's the deal? Hong Kong-based sourcing and supply-chain platform FTS Global has acquired 100% of the shares in Goldner GmbHDealroom has a profile for this one. Try Dealroom → from Klaus Wirth GmbHDealroom has a profile for this one. Try Dealroom →, taking full ownership of Germany's Goldner Fashion GroupDealroom has a profile for this one. Try Dealroom →. The deal closed on 17 August 2026. Goldner specialises in womenswear for the "best-ager" demographic through its MadeleineDealroom has a profile for this one. Try Dealroom → and Goldner brands.

Why now? The purchase marks Goldner's centenary year and the conclusion of a planned succession. Klaus Wirth, who took over from his father and company founder Heinrich Wirth in 1975, is stepping back after almost 65 years at the helm.

What's the endgame? The two companies have worked together as supplier and ally for more than a decade. FTS Global, represented by managing director Vikramaditya Jain, plans to invest in digitalisation, expand international supply-chain expertise, strengthen the brands, and pursue further growth — including potential strategic acquisitions.

For customers, business partners, and employees, everything stays the same. Goldner GmbH and its subsidiaries, Premio Fashion GmbHDealroom has a profile for this one. Try Dealroom → with the Madeleine brand, and logistics specialist Sulky GmbHDealroom has a profile for this one. Try Dealroom → will remain the group's cornerstones, led by managing directors Marcus Anton and Frank Brünnler.

"We are investing in a company with established brands, exceptional customer loyalty and an experienced management team," Jain said. "As a family-owned business, we know first-hand what it means to be entrusted with another family's life's work."

Wirth said he is handing over his life's work with its future secured. "With FTS Global, a partner is taking over that knows our industry and our company well, thinks entrepreneurially and shares the values of a family business," he said.

The signal: A supplier turning acquirer reflects how supply-chain players are moving up the value chain into brand ownership, while family-run European fashion houses increasingly turn to long-standing partners to solve succession.

Read more: FashionNetwork

Image credit: Queensland State Archives