{"id":52722,"date":"2025-10-17T15:23:58","date_gmt":"2025-10-17T15:23:58","guid":{"rendered":"https:\/\/my.legal500.com\/developments\/?post_type=press_releases&p=52722"},"modified":"2025-10-17T15:23:58","modified_gmt":"2025-10-17T15:23:58","slug":"dla-piper-advises-artistic-milliners-in-cone-denim-majority-stake-acquisition","status":"publish","type":"press_releases","link":"https:\/\/my.legal500.com\/developments\/press-releases\/dla-piper-advises-artistic-milliners-in-cone-denim-majority-stake-acquisition\/","title":{"rendered":"DLA Piper advises Artistic Milliners in Cone Denim majority stake acquisition"},"content":{"rendered":"

DLA Piper advised Artistic Milliners, a global denim manufacturer, in its acquisition of a majority stake in denim supplier Cone Denim from textile supplier Elevate Textiles. Cone Denim will continue to operate as a standalone portfolio company under Artistic Milliners.<\/strong><\/p>\n

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The new entity will seek to operate a global platform spanning both hemispheres and will be comprised of a combination of selected assets from each organization. Cone Denim will also now operate mills in Mexico, China, and the US.<\/p>\n

\u201cWe were excited to work with Artistic Milliners on this strategic matter, showcasing the breadth of our cross-border experience,\u201d said deal lead\u00a0Michael J. McGuinness<\/a>, US-LatAm Practice Group Regional Co-Leader, Corporate M&A and Private Equity. \u201cIt\u2019s not just the firm\u2019s global reach, but it’s cohesive service, that helps clients navigate complex deals with clarity.\u201d<\/p>\n

“Working with DLA Piper has provided us with a comprehensive global perspective,\u201d said Murtaza Ahmed, CEO of Artistic Milliners. \u201cThe firm’s ability to integrate insights across multiple jurisdictions exemplifies the level of collaboration we seek as we expand our international operations.\u201d<\/p>\n

In addition to McGuinness (New York), Of Counsel\u00a0Violeta Libergott<\/a>\u00a0(US\/Brazil) co-led DLA Piper\u2019s cross-border and multi-practice team across the US, United Arab Emirates (UAE), China, and Mexico. The team also consisted of Partners\u00a0Nick Klein<\/a>,\u00a0Elyssa Kutner<\/a>,\u00a0Brian Janovitz<\/a>,\u00a0Larissa Bifano<\/a>,\u00a0Amadeu Ribeiro<\/a>\u00a0(all US),\u00a0Therese Abou-Zeid<\/a>\u00a0(UAE),\u00a0Jorge Benejam<\/a>\u00a0(Mexico); Partner\u00a0Tina Xia<\/a>\u00a0and Senior Legal and Tax Manager\u00a0Peter Chen<\/a>\u00a0(both China); Head of Sovereign and LP Investment, MENA, Kurt Alfrey (UAE); Of Counsel\u00a0Andy Eklund<\/a>\u00a0(US); Associates\u00a0Regina Esparza<\/a>\u00a0(Mexico),\u00a0Regine Lewis<\/a>, and\u00a0Michael Haggerson<\/a>, and\u00a0Syeda Kamal\u00a0<\/a>(all US).<\/p>\n

With more than 1,000\u00a0corporate<\/a>\u00a0lawyers globally, DLA Piper helps clients execute complex transactions seamlessly while supporting clients across all stages of development. The firm has been rated number one in global M&A volume for 15 consecutive years, according to\u00a0Mergermarket<\/em>, and ranked as number one in VC, PE and M&A in combined global deal volume according to\u00a0PitchBook<\/em>.<\/p>\n","protected":false},"featured_media":0,"template":"","class_list":["post-52722","press_releases","type-press_releases","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/press_releases\/52722","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/press_releases"}],"about":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/types\/press_releases"}],"wp:attachment":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/media?parent=52722"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}