Katjes International acquires stake in global luxury brand Missoni
Italy, March 4 -- Katjes International, the brand holding of the Katjes Group, signed an agreement, through its wholly owned subsidiary Katjes Quiet Luxury, to acquire approximately 27% of the shares in Missoni S.p.A. ("Missoni"). The remaining shares will going forward be held by the Italian growth equity firm FSI, which is currently a minority shareholder and, in the course of the transaction, will fully acquire the shares held by the Missoni family. Katjes International has additionally agreed market standard drag along by FSI and tag along rights followed by a call option on FSI's shares with the potential to become the majority shareholder.Following the majority acquisition of Bogner, Katjes Quiet Luxury continues its growth path and s...
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