Transaction details

Ethica Corporate Finance advised the shareholders of Atlantic Stars, an Italian based manufacturer and retailer of premium shoes, to Alcedo SGR

Ethica Corporate Finance advised the management and the shareholders of Atlantic Stars in the disposal of a majority stake to Alcedo SGR.

Atlantic Stars is an emerging Italian brand of “Made in Italy” sneakers, positioned in the premium segment. The brand employs a distribution network of around 500 multi-brand stores as well as various corner and “shop-in-shop” in Italy and in international markets like Japan and Korea. Added to these, Atlantic Star owns a showroom in Milan and a flagship store in Tokyo.
The production is entirely Made in Italy, partly managed at the Fucecchio site (near Florence) and for the rest at selected local footwear factories.