Announced
Completed
Financials
Sources
Tags
Single Bidder
Italy
luxury watches
Majority
Luxury Items
Private
Completed
Friendly
Acquisition
Domestic
jewelery
Synopsis
Damiani, an Italian luxury jewelry company, completed the acquisition of Floris Coroneo, a retailer of luxury watches and jewelries. Financial terms were not disclosed. “We are extremely pleased to have finalised this strategic transaction, which on the one hand will support the growth of such an important company in our industry, and on the other will help to strengthen and expand the leadership of ROCCA and all our Brands at the national and international level,” Giorgio Grassi Damiani, Damiani Vice President.
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