Announced
Completed
Financials
Sources
Tags
Italy
Private
Single Bidder
fashion products
Clothing and Accessories
Acquisition
Majority
Friendly
Domestic
Completed
Synopsis
Jacob Cohën, a luxury jeans label owner, completed the acquisition of JC Industry, the licensed producer and distributor, from Sinv, a manufacturer and distributor of clothing and accessories. Financial terms were not disclosed. “The acquisition of JC Industry is a further step in the development and expansion of Jacob Cohën. Managing the label's manufacturing and retail distribution in-house means being able to control the way our products are developed, and their market positioning. We would like to thank Sinv, and its president Francesco Dalla Rovere, for having been a valued partner as [Jacob Cohën’s] licensee for several seasons, and illimity Bank for their belief in our ambitious plans,” Luca Roda, Jacob Cohën CEO.
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