Made in Italy Fund completed the acquisition of a 74.36% majority stake in Cover 50 from FHold for €59m.

Synopsis

Made in Italy Fund, a private equity fund managed by Quadrivio & Pambianco, completed the acquisition of a 74.36% majority stake in Cover 50, a public apparel company operating the PT Torino brand, from FHold, a private family-owned holding company, for €59m.

Principals

target

Cover 50 (pt Torino)

bidder

Made In Italy Fund

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Market Context

Made in Italy Fund completed the acquisition of a 74.36% majority stake in Cover 50 from FHold for €59m.

target

bidder

Made in Italy Fund completed the acquisition of a 74.36% majority stake in Cover 50 from FHold for €59m.