The Limited Times

From Ovs a binding offer for Stefanel

12/15/2020, 4:31:46 PM


Ovs presented "a binding offer aimed at the acquisition of certain assets" of Stefanel, currently under extraordinary administration, "including in particular the historical brand of the company". (HANDLE)

(ANSA) - MILAN, 15 DEC - Ovs has presented "a binding offer aimed at the acquisition of some assets" of Stefanel, currently under extraordinary administration, "including in particular the historical brand of the company".

"In consideration of the size of this offer, the necessary financial means are largely in the current availability of the group", reads a note from Ovs, whose meeting unanimously approved today a capital increase of 80 million euros for seize external growth opportunities, through mergers and acquisitions.


    "In the medium term, in a context in which many players are exiting the Italian market, the spaces for growth and consolidation are more attractive than before and also include offer segments characterized by higher price ranges, allowing us to capitalize even more on our skills by doing leverages the quality of our products ", declared the CEO of Ovs Stefano Beraldo (ANSA).