Gruppo Florence completed the acquisition of Erika and Leonello Spagnol.

Gruppo Florence, a firm operating in the fashion industry, completed the acquisition of Erika and Leonello Spagnol, two manufacturers of clothing. Financial terms were not disclosed. "In recent months I got to know the top management of the two companies well, in particular the brothers Riccardo and Edoardo Spagnol and the Descrovi family, entrepreneurs who work with love and dedication with the aim of continuing to grow and improve . The desire to be part of a more structured reality, with industrial know-how and a strong orientation towards innovation, convinced them to join our production platform," Attila Kiss, Gruppo Florence CEO.