On February 8, 2023, Wolford Aktiengesellschaft closed the transaction. The company amended the terms of the transaction. The company issued 2,934,515 shares at a price of €6 per share for gross proceeds of €17.60709.

The transaction included participation from returning investors, Fosun Industrial Holdings Limited with 66.9% stake, The Bartel 2006 Trust with 32.7% stake and other authorized purchasers.