Italian luxury bedding brand Frette acquired by a Chinese consortium led by ANTA’s Chairman for 200 million euros

Sep 12, 2023

According to the Italian media MFFashion, Italian luxury bedding brand Frette has changed its owner. Private equity investment fund Change Capital Partners has sold its 100% ownership of Frette to Raza Heritage Holdings, a consortium of strategic and private equity investors. Frette, founded in 1860, has a history of 163 years.
Bloomberg reports, that Raza Heritage Holdings is a Chinese consortium led by Ding Shizhong, the Chairman of ANTA Sports. The transaction is valued at approximately 200 million euros.
Insiders mention that Ding Shizhong participated in the transaction through a …