M&A Activity • Jul 25, 2024
M&A Activity
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| Informazione Regolamentata n. 20278-14-2024 |
Data/Ora Inizio Diffusione 25 Luglio 2024 08:00:02 |
Euronext Growth Milan | |
|---|---|---|---|
| Societa' | : | GENTILI MOSCONI | |
| Identificativo Informazione Regolamentata |
: | 193758 | |
| Utenza - Referente | : | GENTILIMOSCONIN01 - Domanico | |
| Tipologia | : | REGEM | |
| Data/Ora Ricezione | : | 25 Luglio 2024 08:00:02 | |
| Data/Ora Inizio Diffusione | : | 25 Luglio 2024 08:00:02 | |
| Oggetto | : | Double operation for GENTILI MOSCONI | |
| Testo del comunicato |
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Completed the entry into Creazioni Digitali with a minority share of 36.364%, with the common objective of making its services available to partners and the entire textile industrial system with a tight focus on advanced innovation in the high-luxury segment and the brands that operate in it.
Increased the participation in Tintoria Comacina by underwriting the 20% capital share unopted by minority shareholder Paolo Maggienga.
Both operations follow Gentili Mosconi's strategy of investing into the territory of Como to preserve its craftsmanship and expertise, and to create a hub of synergies.
Casnate con Bernate (CO), July 25 2024 – Gentili Mosconi – a leading group in the luxury fashion business, active in the creation, production, printing and customization of natural fabrics catering to the major international players in the luxury world, listed on Euronext Growth Milan of Borsa Italiana - announces that it has finalized two transactions that are part of the growth and integration process initiated by the company with its listing, aimed at creating a hub of synergies by internalizing crucial skills and phases of the manufacturing process.
Specifically, Gentili Mosconi reports its entry into the share capital of the printing company Creazioni Digitali, with the purchase of a minority stake of 36.364% through an acquisition of a 30% share from its shareholder Eroan for a consideration of € 850.000 and an 10% capital increase for an amount of € 283.000 that values the entire operation at €1.133.000 of which the entire amount was financed by Gentili Mosconi's own means.
Based in the province of Como, with 18 years of history and a turnover of around 7 million Euros in 2023, Creazioni Digitali is an excellence in its field in the Como area, specialized in pigmented digital sublimation printing on fabrics and garments, without the use of water. The operation aims to boost the capacity of innovation of Creazioni Digitali, which was launched by Founder and CEO Roberto Lucini a few years ago and since then has gained significant results, represented by the 'Creò' Division, which has achieved profound levels of innovations in digital printing through partnerships with world-leading machinery and technology manufacturers.
Gentili Mosconi, which has made innovation a distinctive element of its industrial project, and Creazioni Digitali, which has since its beginnings been at the service of the entire manufacturing ecosystem of Como, share the common goal to provide an additional asset of innovation to their partners and the entire textile industry with a particular focus on the development in the highluxury space and the brands that operate in it.
The transaction finalized by Gentili Mosconi, under the guidance of CEO and Founder Francesco Gentili, is part of the expansion strategy laid out with the listing, with the goal of creating synergies aimed at structural growth and bundling of skills, know-how and innovation in the manufacturing process, while maintaining the DNA of each company involved, in order to preserve the entrepreneurship, the professionalism and the historical tradition of craftmanship of the Como area.
"I am very proud and satisfied with this operation", says Roberto Lucini, CEO of Creazioni Digitali. "We welcome with enthusiasm such a valuable partner like Gentili Mosconi, an entry in the capital


in the sign of continuity with what have always been the values of Creazioni Digitali: innovation, sustainability and attention to detail. A plus not only for our company but for the entire district".
Francesco Gentili, CEO of Gentili Mosconi adds: "We continue our path of growth in the territory with this participation. Creazioni Digitali will thus become an even more powerful engine in the research and development of new technologies".
Gentili Mosconi also announces that it has increased its stake in Tintoria Comacina, rising up to 90% of the capital of the company acquired in March 2024. Specifically, Gentili Mosconi participated in a capital increase acquiring an additional 20% of Tintoria Comacina by underwriting the unopted share of capital of the minority shareholder Paolo Maggienga.The consideration for the transaction amounted to € 818.148 and was paid drawing on Gentili Mosconi's own funding.
This press release is available in the Investor section of www.gentilimosconi.it as well as on the authorized Emarket Storage mechanism at https:///.
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Gentili Mosconi, a group listed on the Euronext Growth Milan market of the Italian Stock Exchange, is one of the main players in the luxury fashion market, offering fabric design, transformation, printing and customisation services to the majority of international luxury players. In particular, the Group acts as a strategic partner for the most iconic and representative companies in the world of luxury and international high fashion in turning the ideas and needs of its customers into fabrics or finished products with personalised and exclusive designs and prints, combining craftsmanship and tradition with innovation. The Group is also active in the textile furnishing sector through the Gentili Mosconi Home division, a line established in 2005 on the initiative of Patrizia Mosconi that produces textile accessories for the home and luxury nautical sector. Thanks to its 35 years of experience and its roots in the Como textile district, the Group can count on a profound knowledge of market trends and the specific needs of each individual brand to offer a highly personalised and extremely creative service, making use also of a vast archive comprising thousands of drawings, the result of extensive research in several decades driven by the passion of Francesco Gentili.
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GENTILI MOSCONI S.p.A. Luca Domanico, Investor Relations [email protected] | T: +39 031 451436
EURONEXT GROWTH ADVISOR E SPECIALIST Equita SIM S.p.A. | Andrea Ferrari | [email protected] | T: +39 02 6204235| Via Turati, 9 - 20122 Milan
Close to Media – company founded by Elisabetta Neuhoff Adriana Liguori | [email protected] | Tel. 3451778974 Cecilia Isella | [email protected] | Tel. 3480990515 Elisa Gioia | [email protected] | Tel. 3492332555
| Fine Comunicato n.20278-14-2024 | Numero di Pagine: 4 |
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