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Announced

Morellato Group to acquire Christ Group from 3i Group.

Financials

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

Tags

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Luxury Items

Pending

Acquisition

Private Equity

Cross Border

Single Bidder

watches

Majority

Private

Friendly

jewellery

Germany

Synopsis

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Morellato Group, an Italian corporate group that designs and manufactures design jewellery and watches, agreed to acquire Christ Group, an omnichannel player in the jewelery and watch sector in Europe, from 3i Group, a British multinational private equity and venture capital company. Financial terms were not disclosed. "The transaction is part of a precise industrial integration project undertaken by the Group. Project that aims to combine the tradition and expertise of the Morellato Group in manufacturing with the excellent CHRIST e-commerce platform, to accelerate the digital development of the Morellato Group at an international level," Morellato.

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