QuattroR finalized the acquisition of a majority stake in Trussardi.

QuattroR, an independent asset management company targeting Italian companies undergoing a period of temporary financial stress, has finalized the purchase of the majority (with a stake of about 60%) of Trussardi. QuattroR will provide Trussardi with the economic and financial support needed to implement a new five-year international development plan agreed with Tomaso Trussardi, who will take on the role of Chairman of the Company’s Board of Directors. New Group activities will focus on strengthening Trussardi’s brand positioning and visibility, relaunching it in the product categories that have made Trussardi recognizable and known globally. The company’s relaunch will also leverage upon "brand extensions", more specifically in business segment of fragrances successfully developed in partnership with the Angelini Group. "I am very pleased that, following the reorganization of the shareholding structure within my family, an agreement has been finalised today with QuattroR to further enhance the company’s capital structure and business outlook. I am convinced that we have created the best conditions to continue to carry out the project originally developed by my father Nicola". Tomaso Trussardi, Trussardi Chairman of the Board of Directors.