Ansa
Nicola Mira
Oct 5, 2018
Italian private equity firm Quattro R negotiating Trussardi acquisition
Ansa
Nicola Mira
Oct 5, 2018
Private equity firm Quattro R is engaged in negotiations to buy Italian fashion label Trussardi, which has also attracted the attention of overseas investors.
Quattro R’s shareholders are its own senior management - led by President Andrea Morante and CEO Francesco Conte - with a 60% stake, and Italy’s state-owned merchant bank Cassa Depositi e Prestiti, with a 40% stake.
Roman daily paper Il Messaggero reported rumours that Quattro R is going ahead with its ongoing negotiations with the Trussardi family, but the investment firm has declined to comment.
Among the underwriters of the Quattro R investment fund, specialised in the turnaround of companies experiencing financial difficulties, there are several Italian public pension funds.
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