OTB-backed Staff International to acquire Frassineti.

Synopsis

OTB-backed Staff International, a company for designer brands looking for a long-term collaboration to produce their collections, agreed to acquire Frassineti, a manufacturer of leather bags, belts, wallets, and accessories. Financial terms were not disclosed.

Principals

target

FRASSINETI

bidder

Staff International

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Market Context

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Seller Team (1)

gaia frassineti

Managing Director at FRASSINETI

Manager

target

Deal

n/a

Total Value

Bidder Team (3)

auro palomba

Founder and CEO at Community Group

PR Consultant

bidder

353

Deals

£ 303.81 B

Total Value

giovanni benvenuti

Account Director at Community Group

PR Consultant

bidder

Deals

£ 17.30 B

Total Value

renzo rosso

President at OTB GROUP

Manager

bidder

Deals

n/a

Total Value

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