Italian Commercial Bank Tamburi Increases Stake in IDB’s Parent Company, a High-End Furniture Group, by 20%

7月 17, 2023

Italian Commercial Bank Tamburi Investment Partners (referred to as Tamburi) has reached an agreement with several prominent Italian family offices on July 12th. They have exercised their option to acquire a 20% stake in Investindesign, the parent company of Italian Design Brands (IDB), a high-end furniture group. The transaction amount is 28.4 million euros.
The acquisition will be carried out through the investment vehicle Club Design Srl (in which Tamburi holds a 20% stake), and the per-share price remains the same as when Tamburi made the acquisition in May. The share transfer is …

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