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  5. Gruppo Manifatture Italiane Acquires River Group S.R.L.

M&A Deal Summary

Gruppo Manifatture Italiane Acquires River Group S.R.L.

On October 11, 2019, Gruppo Manifatture Italiane acquired apparel/textiles company River Group S.R.L. from Consilium

Acquisition Highlights
  • This is Gruppo Manifatture Italiane’s 3rd transaction in the Apparel/Textiles sector.
  • This is Gruppo Manifatture Italiane’s 3rd transaction in Italy.

M&A Deal Summary
Date 2019-10-11
Target River Group S.R.L.
Sector Apparel/Textiles
Buyer(s) Gruppo Manifatture Italiane
Sellers(s) Consilium
Deal Type Merger

Target

River Group S.R.L.

50054, Italy
River Group S.R.L. is a manufacturer of high quality sneakers for the main international luxury brands. Sneakers are playing an increasingly important role in the footwear sector, in line with the wider trend of casualisation in clothing and fashion.

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Buyer(S) 1

Buyer

Gruppo Manifatture Italiane

Milan, Italy
Category Company
Founded 2019
Sector Apparel/Textiles
DESCRIPTION

Gruppo Manifatture Italiane engages in the production of luxury footwear. GMI reaches the production of over 700 thousand pairs of shoes per year. The heart of the Group’s activities is in Tuscany, a historic district of excellence in the production of luxury footwear. Gruppo Manifatture Italiane was founded in 2019 and is based in Milan, Italy.

DEAL STATS #
Overall 3 of 3
Sector: Apparel/Textiles M&A 3 of 3
Type: Merger M&A Deals 3 of 3
Country: Italy M&A 3 of 3
Year: 2019 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-10-11 Calzaturificio Claudia

Sigrumignio Monte Capannori, Italy

Calzaturificio Claudia SpA is a manufacturer of women's footwear. Calzaturificio Claudia SpA was founded in 1975.

Buy -

Seller(S) 1

SELLER

Consilium

Milan, Italy

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2005
PE ASSETS 341M EUR
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Consilium is a private equity firm focused on small to mid-sized Italian companies. Consilium prefers to make majority investments and generally targets businesses generating €20 to €80 million in revenues. Prospective companies typically have strong management and a clear 'path to exit'. Consilium was formed in 2005 and is based in Milan.

DEAL STATS #
Overall 9 of 14
Sector: Apparel/Textiles M&A 1 of 4
Type: Merger M&A Deals 1 of 1
Country: Italy M&A 9 of 14
Year: 2019 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-10-11 Gruppo Manifatture Italiane

Milan, Italy

Gruppo Manifatture Italiane engages in the production of luxury footwear. GMI reaches the production of over 700 thousand pairs of shoes per year. The heart of the Group’s activities is in Tuscany, a historic district of excellence in the production of luxury footwear. Gruppo Manifatture Italiane was founded in 2019 and is based in Milan, Italy.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-10 Music Center

Trento, Italy

Music Center is a producer of components and accessories for musical instruments and is a strategic partner of all the major musical instrument manufacturers and specialized retailers on a global scale. Music Center was formed in 1974 and is based in Trento, Italy.

Buy -
Mergr

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