Announced
Completed
Financials
Tags
De-SPAC
Reverse Takeover
Single Bidder
Acquisition
luxury house
Friendly
Cross Border
Italy
Majority
Luxury Items
Private
Private Equity
Merger
Completed
Synopsis
Ermenegildo Zegna Group, a world-renowned Italian luxury house maker, went public via a SPAC merger with Investindustrial Acquisition, a special purpose acquisition corporation sponsored by investment subsidiaries of Investindustrial, in a $3.2bn deal. We are well positioned to accelerate the successful strategies of the Zegna Group’s two core brands, Zegna and Thom Browne, while also continuing to build upon our heritage, our ethos of sustainability, and the unique craftsmanship that has made our name synonymous with excellence and luxury around the world. We will continue to meet our clients’ changing needs while working to attract new, younger clients through exciting collaborations and digital innovation across the Group.” Ermenegildo “Gildo” Zegna, Zegna CEO.
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