L-GAM invested in Woolrich International

L-GAM, Liechtenstein’s royal family investment fund, invested in Woolrich International, a manufacturer and seller of outdoor clothing and furniture. Financial terms weren’t announced. “We are proud of this agreement” declared Paolo Corinaldesi, CEO of Woolrich International “it is an important step to attain the ambitious achievements that the company has set. The partnership with L-GAM, a fund holding participations in several sectors, will give at the same time continuity to its office and management, but with a strong push on its business’ acceleration, with investments in Europe, North America, Japan and Asia, thanks to the strategic partnership with the Japanese group Goldwin. Our goal remains the listing on the Stock Exchange within 5 years.”