M&A Deal Summary

SNG Group Acquires Effe 2

On June 1, 2021, SNG Group acquired apparel/textiles company Effe 2

Acquisition Highlights
  • This is SNG Group’s 4th transaction in the Apparel/Textiles sector.
  • This is SNG Group’s 4th transaction in Italy.

M&A Deal Summary
Date 2021-06-01
Target Effe 2
Sector Apparel/Textiles
Buyer(s) SNG Group
Deal Type Add-on Acquisition

Target

Effe 2

Borgosesia , Italy
Effe 2 offers complete cycle of design, purchasing and production: from research to the study and production of paper patterns and prototypes up to the production (Made in Italy) of fashion show garments and pret a porter for the lines Men’s, Women’s. Effe 2 was founded in 1982 and is based in Borgosesia, Italy.

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Buyer(S) 1

Buyer

SNG Group

Milan, Italy
Category Company
Sector Apparel/Textiles
Employees600
DESCRIPTION

SNG Group wants to focus its resources investing in growing of Italian companies with a strong creative and artisanal content, creating a network of research, experimentation and service .for the main “Maisons” of international luxury. SNG Group is based in Milan, Italy.

DEAL STATS #
Overall 4 of 4
Sector (Apparel/Textiles) 4 of 4
Type (Add-on Acquisition) 4 of 4
Country (Italy) 4 of 4
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-24 Moda Italia

Urbania, Italy

Moda Italia is a provider in the production of high-end sportswear clothing mainly in the denim segment. Moda Italia was established in 2006 and is based in Urbania, Italy.

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