Italy’s
retail industry,
in focus.

Temera, part of Beontag, acquired Vox Elements to enhance its digital innovation and system integration capabilities.

Katjes International signed an agreement, through its wholly owned subsidiary Katjes Quiet Luxury, to acquire approximately 27 percent of the Italian luxury brand.

thanks to the acquisition of Golden Point.

Frasers Group has entered into an agreement to acquire a majority shareholding in Maxi Sport SpA

In 2013, LVMH acquired 80% stake in Loro Piana at $2.5 billion (€2 billion) valuation.

As reported in November, the deal involved the acquisition through a wholly owned subsidiary of the rights to the Woolrich brand for Europe and 100 percent of Woolrich Europe SpA, the company managing its distribution and retail activities.

At the end of December, VSP Vision announced that the acquisition of Italian glass manufacturer Marcolin by PAI Partners and other minority shareholders was successfully completed.

Sources said current chief executive officer Tommaso Maria Andorlini is acquiring the private equity firm’s 40 percent stake in the company.

Scalapay has secured €70 million in Scale-Up Debt financing from the European Investment Bank (EIB), marking the first time the institution has extended scale-up funding to an Italian unicorn.

The group’s R9.6bn deal to buy German-based NKD, a cash-based apparel and homeware retailer, adds further firepower to Mr Price’s 2021 strategy to build Africa’s retail supermajor.