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Synopsis
Alpha, a private equity firm,-backed Calligaris, an Italian furniture business, completed the acquisition of Fatboy, an iconic lifestyle brand, from Vendis Capital, a private equity firm, for £103m. “Fatboy is a great strategic fit for Calligaris and reinforces our acquisitive growth strategy. We are impressed by the company’s strong competitive positioning, combining a number of unique and attractive features, including its brand positioning, ability to innovate and excellent digital capabilities. We look forward to working together with the Fatboy team to maximise the synergies between the companies to enhance and strengthen the market position of our brands,“ Stefano Rosa Uliana, Calligaris CEO.
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