Morellato Group to acquire Christ Group from 3i Group.

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.