L’Ambroisie, which holds three Michelin stars, has an annual turnover of approximately 11 million euros.

For Angel Ramos, this acquisition represents an opportunity to elevate his brand to a whole new level and reach a broader audience of fashionable men.

Gruppo Florence has built a large production conglomerate through acquisitions, currently comprising 26 companies. In 2022, the group achieved a total revenue exceeding €600 million.

In this IPO, IDB raised €70 million, with a total amount of €80.5 million if the greenshoe option is not included. At the beginning of trading, the group had a market value of approximately €293 million.

In this transaction, Chanel will acquire a total of 24.5% ownership in Cariaggi Lanifico, with 18.5% coming from Brunello Cucinelli and the remaining 6% from the Cariaggi family.

The brand will open its first pop-up store in China at the end of June in Shanghai, followed by the official opening of a boutique on Nanjing West Road.

Yuyuan Inc. acquired an 80% equity stake in the International Gemological Institute (IGI) Group, headquartered in Belgium, in September 2018.

According to another source cited by Sky News, the valuation of the Hunter deal could reach as high as £100 million, significantly surpassing initial expectations.

MÊME is a digitally native vertical brand specifically created for women who experience skin sensitivities as a result of cancer treatments. All of its products are developed in collaboration with oncologists and dermatologists.

The estimated sales for the brand in 2023 would exceed AUD 500 million, and the EBITDA would reach AUD 120 million.