Announced
Financials
Sources
Tags
Private
Acquisition
Friendly
Minority
Single Bidder
Private Equity
Pending
clothing & accessories
Italy
Apparel Retailers
Domestic
Synopsis
Style Capital, a private equity fund, agreed to invest $152m in LuisaViaRoma, an Italian multi- brand e-tailer. Following the transaction Andrea Panconesi, LuisaViaRoma Chairman and CEO, will retain a 60% stake. “I am excited to start this new journey with the management team of LuisaViaRoma, helping to build the future of the most relevant Italian multi-brand e-tailer and one of the leading players globally. Our goal is to support the future steps of the company's growth, strengthening the organization and investing on the proprietary technology platform to offer an impeccable shopping experience," Roberta Benaglia, Style Capital CEO.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.