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New Deal


Announced

Completed

Permira completed the acquisition of a majority stake in Gruppo Florence.

Financials

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

Tags

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Single Bidder

Friendly

Majority

luxury

Italy

Private Equity

fashion

Cross Border

Clothing and Accessories

Acquisition

Private

Completed

Synopsis

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Permira, a private equity firm, completed the acquisition of a majority stake in Gruppo Florence, a luxury goods manufacturer. Financial terms were not disclosed. “Gruppo Florence is an outstanding project. We very proudly contributed to its launch and development, thus creating in just few years a leading player of textile manufacturing with exceptional development opportunities that the new shareholder will undoubtedly be able to grasp," Carlo Pesenti, Italmobiliare CEO.

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