PRESS RELEASE
Made in Italy Fund acquires a majority stake in Rosantica
Made in Italy Fund, the private equity fund managed and promoted by Quadrivio & Pambianco, acquires 60% of Rosantica, the Italian brand specializing in the creation and production of custom jewelry and jewelry bags.
Founded in 2010 by Michela Panero, today Rosantica stands out as a brand known for it’s unique and sophisticated product designs combined with an extraordinary attention to details and an extensive research in shapes and materials in creating accessories.
Rosantica is the fifth investment of the Fund and the second in the fashion field, which comes two years after the acquisition of 120%Lino, the Italian leader in the production of linen and natural fibers apparel.
The deal was brokered by Fine Sun, who also controls 120% Lino, to further and better develop the multiple synergies between the two brands.
Mauro Grange, current 120% Lino CEO will cover the same role at Rosantica and commented about the deal: ”I am very pleased with the recent acquisition and the agreement with Michela Panero who will add great value to our group. 120% Lino and Rosantica are companies that perfectly blend their management, product and distribution. Especially in international markets where 120% Lino is gaining presence. With this acquisition we enhance our commitment in finding great Made in Italy brands and help them grow internationally.”