White & Case advises Zalando and H&M on investment in Infinited Fiber Company

Global law firm White & Case LLP has advised apparel and e-commerce companies Zalando and H&M on a development financing round for Finland-based circular fashion and textile technology group Infinited Fiber Company Oy (Infinited Fiber).

The development financing by the apparel and e-commerce companies reinforces their long term commitment to Infinited Fiber. An initial stage in the financing, which closed in the summer of 2023, included investments from existing investors. Following the financing, Inditex, TTY Management and H&M Group are the largest shareholders in Infinited Fiber.

The White & Case team which advised on the transaction was led by partner Tobias Henrich and local partner David Smith (both Frankfurt) and included partners Timo Airisto, Tanja Törnkvist (both Helsinki), local partner Mathias Bogusch (Frankfurt) and associate Samuel Salmivirta (Helsinki).

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