Oakley Capital acquires Alessi.

Oakley Capital, a leading private equity firm acquires Alessi, an Italian high-end design homeware products manufacturer. Financial terms were not disclosed. Oakley’s strategy will focus on further strengthening and expanding the proposition of the brand by targeting new audiences and optimising the portfolio’s mix of products, pricing, and distribution. “We are delighted to become an investor in such a globally renowned brand. Alessi’s unique approach to design and product innovation makes it a highly attractive investment opportunity for Oakley. We are excited to partner with the Alessi family to support the business in the next phase of its development.” Peter Dubens, Oakley Capital Managing Partner.