Add-on Acquisition • Apparel/Textiles

SNG Group Acquires Effe 2

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

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

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M&A Deal Summary

Date June 1, 2021
Target Effe 2
Sector Apparel/Textiles
Buyer(s) SNG Group
Deal Type Add-on Acquisition

Target Company

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 Overview 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 Context for Buyer #
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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