Following the acquisition of the century-old Spanish leather company Colomer 1792 in 2009, the acquisition of Ausonia represents another milestone in the company’s globalization strategy.

CELINE LVMH Group’s French luxury brand CELINE ha […]

In 1995, U.S. NASA astronaut Chris Hadfield, aboard the […]

This is a highly scrutinized and challenging task. Every founding family takes pride in adhering to long-term strategies and maintaining unique corporate values. However, they also need to balance the vision of business expansion and investment.

This is a highly scrutinized and challenging task. Every founding family takes pride in adhering to long-term strategies and maintaining unique corporate values. However, they also need to balance the vision of business expansion and investment.

“Herno continues to evolve across the board: in addition to the new products introduced with this collection in various categories, it’s the company’s own organization, with the appointment of a new CEO, that is a driver of change.”

Kiton is eyeing a potential IPO but sees it as a long-term project rather than an immediate goal.

The offer for this privatization transaction is €48 per share, with new shareholders holding no more than 5% of the shares. The agreement reached is a long-term agreement, including an 8-year lock-up period, and there is no call or put option agreements.