The Calligaris family bought back a 40 pct stake in its family business from L Capital, the private equity operator sponsored by French luxury giant LVMH. The company was put on the market last Spring (see a previous post of BeBeez). Advisor to the family was Mediobanca.
Founded in 1923 in Manzano (Udine, Italy), Calligaris manufactures and markets design furniture for home such as chairs, stools, tables, sofas, beds, lamps and home furnishing accessories. It owns brand shops all over the world from North America to Far East. The Calligaris family will then control again the 100 pct of the company.
Calligaris closed yera 2013 with 126.5 million euros revenues (but in 2005 it has 150 millions of revenues), an ebitda of 19.1 millios and 48 millions of financial debt.
