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Announced

Completed

Gruppo Florence completed the acquisition of Facopel Produzione for $230m.

Financials

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Transaction Value£190m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Acquisition

Completed

Single Bidder

Friendly

Domestic

Italy

clothing

Diversified Retailers

Private

manufacturing

Majority

Synopsis

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Gruppo Florence, a platform of the Italian textile supply chain, completed the acquisition of Facopel Produzione, a hat manufacturer, for $230m. The Group aims to grow and complete its offering through the acquisition of further Italian companies to consolidate Made in Italy manufacturers into a single platform.

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