All Italian Strategy Private Equity articles
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News briefs
Sale of 65% of Garmont completed
Garmont International reported that the previously announced acquisition of a 65 percent stake in the company’s share capital by Milan-based Riello lnvestimenti Partners SGR has been finalized. Of the remaining 35 percent of the company, Pierangelo Bressan , the current president and CEO, holds 30 percent. He ...
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News briefs
Garmont is open for acquisitions after entry of new majority shareholder
Garmont International , the Italian outdoor and technical footwear brand, told our sister publication SGI Europe that after consistent strong growth in recent years due to the Covid 19 pandemic, it reported an unconsolidated sales decline of more than 15 percent to €14 million in 2020, but still posted ...
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News briefs
New investors for Garmont
Garmont International , the Italian manufacturer of outdoor and tactical footwear, has announced that Italian Strategy Private Equity ( ISPE ), managed by Riello lnvestimenti Partners , has acquired a 65 percent stake in the company’s share capital. The transaction is expected to be completed by the end of ...