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Announced

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Movin completed the acquisition of a majority stake in a joint venture from Sergio Tacchini.

Synopsis

Movin, a production, distribution and marketing company, completed the acquisition of a majority stake in a joint venture from Sergio Tacchini, a sports and lifestyle brand. Financial terms were not disclosed. "Movin has championed the Sergio Tacchini brand for more than a decade and we are delighted to be able to further contribute to its deployment through this joint venture. As the European retail and consumer landscape is rapidly changing, this partnership will allow us to meet the demands of this environment and cultivate the growth of the brand," Vincent Touzet, Movin Owner.

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