Transaction details

Luxy

Ethica Corporate Finance advised Opera SGR and Quadrivio SGR in the sale of a majority stake in Luxy

Ethica Corporate Finance advised Opera SGR and Quadrivio SGR in the sale of Luxy to the financial investor HAT Holding.

Founded in 1976 as a laboratory for the production of seats for third parties, Luxy is a specialized manufacturer of ergonomic and design sofas, armchairs and office chairs.

Libero Gregoletto, chairman and CEO of Luxy, commented: “HAT is the partner that Luxy was looking for, the new majority shareholder has shown its willingness to actively contribute to the ambitious company development plans by sharing our long-term vision, and supporting our excellent team”.

Nino Attanasio, chairman of HAT, said: “HAT aims at accelerating the international development of the company, both internally and through acquisitions if there are any interesting opportunities identified by the management team. Our strategy is to support management in the growth of the company, by consolidating its position in the reference market, internationalization and expansion in the contract segment “.

“}” data-sheets-userformat=”{“2″:513,”3”:{“1″:0},”12”:0}”>Ethica Corporate Finance advised Opera SGR and Quadrivio SGR in the sale of a majority stake in Luxy

Ethica Corporate Finance advised Opera SGR and Quadrivio SGR in the sale of Luxy to the financial investor HAT Holding.

Founded in 1976 as a laboratory for the production of seats for third parties, Luxy is a specialized manufacturer of ergonomic and design sofas, armchairs and office chairs.

Libero Gregoletto, chairman and CEO of Luxy, commented: “HAT is the partner that Luxy was looking for, the new majority shareholder has shown its willingness to actively contribute to the ambitious company development plans by sharing our long-term vision, and supporting our excellent team”.

Nino Attanasio, chairman of HAT, said: “HAT aims at accelerating the international development of the company, both internally and through acquisitions if there are any interesting opportunities identified by the management team. Our strategy is to support management in the growth of the company, by consolidating its position in the reference market, internationalization and expansion in the contract segment “.