Mondevo Group-backed MondeVita completed the acquisition of Caruso from Lanvin Group.

Mondevo Group-backed MondeVita, an investment firm, completed the acquisition of Caruso, a luxury menswear manufacturer, from Lanvin Group, a global luxury fashion group. Financial terms were not disclosed. The transaction reflects Lanvin Group's commitment to focus on the sustainable development of heartland brands. For Mondevo Group, the acquisition marks a defining moment in the build-up of MondeVita, its dedicated lifestyle and luxury division, focused on consolidating and elevating exceptional heritage brands across premium beverages, luxury goods, hospitality, and wellness.