Saifu achieved sales of approximately 71 million euros in 2022.

What Were the Key Changes in the Past Five Years?

Advent will acquire a majority stake in SBGC company from Julien Sprecher, while Sprecher will retain his current position and a minority stake in the company.

“The company’s fixed costs are too high, to the point that there is no capacity to carry out marketing efforts like those of the LVMH group.”

Italian investment holding company Hind SpA’s subsidiary, Holding Moda, which focuses on acquisitions in the fashion industry, is set to continue investing in the Italian supply chain and launch its third apprenticeship program.

Currently, through acquisitions, Gruppo Florence has a portfolio of 26 affiliated companies and supplies over 70 luxury brands worldwide. In 2022, the group’s sales exceeded 600 million euros.

According to official documents submitted by both parties to the French government, the value of this transaction is 16.32 million euros.

In 2023, The Independents group aims to generate $450 million in revenue from its 380 clients.

Currently, HBA’s products are distributed in over 60 countries, with exports accounting for over 95% of its sales. The majority of its products are manufactured in Southeast Asia, the Middle East, and Europe.

According to the terms of the transaction, both Prada and Zegna will individually hold a 15% stake in Fedeli.