Announced
Completed
Synopsis
J. Jardin, a fashion sector holding company, completed the acquisition of a 70% in Nanàn, a children furniture and clothing company, from Annabel, an investment company. Financial terms were not disclosed. "I am delighted to join the team and the J.Jardin group, which includes prominent Italian families and entrepreneurs who have distinguished themselves globally in various sectors. As for Nanán, we will focus on international growth, strengthening the brand's presence, for example, in strategic geographic areas such as the Middle East and Eastern Europe, while also strengthening our positioning in more mature markets, also leveraging the J.Jardin group's significant industrial synergies and network," Ferdinando Pandolfi, Nanán CEO.
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