Announced
Completed
Financials
Sources
Tags
Textile Products
Private
Textile
textile products
Acquisition
Private Equity
Friendly
Italy
Single Bidder
Majority
Completed
Disposal
Mbo
Synopsis
Ethica Global, a private equity firm, completed the acquisition of Lanificio dell'Olivo, a producer of textile products, from Gradiente, an investment management firm. Financial terms were not disclosed. "To guide this ambitious development plan, the current management team has been confirmed, in particular the president Vittoria Varianini, the managing director Fabio Campana, the financial director Gianluca Bazzi and the technical director Pierluigi Biagini, who all participated in the investment alongside Ethica Global Investments," Lanificio dell'Olivo.
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