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Horizon Capital, N5 buy bankrupt Dutch denim brand Mud Jeans

What's the deal? Horizon CapitalDealroom has a profile for this one. Try Dealroom → and investment company N5 HoldingDealroom has a profile for this one. Try Dealroom → have acquired Mud JeansDealroom has a profile for this one. Try Dealroom →, the Dutch circular denim brand that filed for bankruptcy in August. Terms were not disclosed.

N5 HoldingDealroom has a profile for this one. Try Dealroom →, the investment vehicle of fashion entrepreneur Nick de Ronde Bresser, takes the brand, with Horizon Capital joining as co-shareholder. Founder Bert van Son returns to support a scaled-back strategy.

Why now? The deal follows Mud Jeans' bankruptcy filing in August. The acquisition lets the brand relaunch under new ownership rather than fold entirely.

What's the endgame? Mud Jeans built its name on circular denim, leasing jeans and recycling old pairs into new ones. Van Son's return signals the new owners want to keep that model intact while trimming the business to a more sustainable scale.

The signal: Circular fashion has struggled to turn principle into profit, and Mud Jeans' collapse and rescue underline the gap between mission and margin. Its survival under fresh backers is a test of whether sustainable denim can work as a business, not just an ideal.

Read more: ecotextile.com

Image credit: Generated with Gemini

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