FILA to acquire Seven for €53.7m.

FILA, a manufacturing company, agreed to acquire Seven, a consumer goods company, for €53.7m. The acquisition represents a key step in the development of the F.I.L.A. Group, also as a response tothe challenges arising from the declining birth rate. The transaction will enable significant business synergies between the F.I.L.A Group and Seven, while keeping the Group's financial profile unchanged due to Seven's high profitability and cash generation.