According to reports, this transaction does not include the Pal Zileri brand, which is still fully controlled by the Qatari fund Mayhoola.

This transaction is part of Pernod Ricard’s proactive portfolio management strategy.

Currently, Morellato Group’s brands are present in over 40 countries, with a strong focus still centered in Europe. However, in the coming years, the company’s priority will shift towards the Middle East and further attention will be given to the United States and China.

According to speculation, the acquisition price for Pinarello is estimated to be around €200 million.

This acquisition will drive Kit and Ace towards a future marked by strengthening strategic plans, expanding market share, increasing brand activities, enhancing product supply, and augmenting resource investment.

The current state of the clean beauty concept is that while many consumers are indeed enticed by it, the high prices remain a barrier.

Postbiotics, also known as “postbiotics” or “paraprobiotics,” are a rapidly emerging segment within the gut health market.

In 2022, the luxury hotel industry ranked first in the list of transactions by category with 98 acquisitions, an increase of 16 compared to the previous year.

Founded in 1951 in the coastal town of Varberg, Sweden, Tenson AB is an outdoor and lifestyle brand deeply rooted on the west coast of Sweden.

Sabé Masson, a niche perfume brand, positions itself as a new generation of fragrance products and specializes in the concept of “Soft Perfumes.” The brand currently operates a boutique store in Haut-Marais, Paris.