Deadline for exclusive talks between Italian private equity operator Clessidra and tuscan producer of casual sportswear Peuterey passed without a deal, MF-Milano Finanza wrote last Saturday 11 October.
The deal with Clessidra still might arrive but Peuterey is now open to another solution and a foreign investor has already knocked to the door of founder Francesca Lusini.
Clessidra was negotiating for buying a minority stake of Peuterey capital (around 40%) (see a previous post by BeBeez). The company owns brands such as Geospirit and Postcard.
Peuterey’s financial advisor for the deal is Deloitte. The company reached 90 million euros of revenues in 2013 with a 13% ebitda margin..
