Consilium SGR-backed GMI completed the acquisition of Broma.

Consilium SGR-backed GMI, an Italian luxury footwear manufacturing group, completed the acquisition of Broma, a producer of formal men’s shoes and sneakers for major international luxury brands. Financial terms were not disclosed. "The acquisition of Broma, in a context such as the one we are experiencing, in addition to being a further fundamental step in strengthening the Group's positioning in the reference market, is an important sign of the strength of the project we are carrying out. We will be able to serve our customers even better, allowing them to interact with a global supplier, with unparalleled craftsmanship and with unparalleled expertise on an ever-expanding range of products," Alberto Zunino, GMI CEO.