Announced
Completed
Synopsis
Quadrivio, a private equity investment firm, completed the acquisition of a majority stake in Sessùn, a women clothes retailer. Financial terms were not disclosed. “We're very excited about this new investment. Sessùn is the first foreign acquisition for our new fund. An iconic brand with a strong international reach will see in a new phase for the Group and our investment strategy. We're adding a strong, high-potential enterprise to our portfolio, and one active in the affordable luxury segment - now an essential market. Our goal is to double its turnover within a few years and make the brand international and competitive on a global scale," Alessandro Binello, Quadrivio CEO.
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