Translated by
Nicola Mira
Published
May 11, 2016
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Italmobiliare confirms Clessidra acquisition

Translated by
Nicola Mira
Published
May 11, 2016

The news had already circulated at the end of April, but it is now official. Italmobiliare, the holding company owned by Italian family Pesenti, has announced the acquisition of the Clessidra investment fund for €20 million.


Carlo Pesenti - photo Adnkronos


The investment firm has a stake in Roberto Cavalli and Buccellati. Clessidra was experiencing a period of uncertainty since January, following the premature death of its CEO and founder Claudio Sposito.

The acquisition has taken place at a time when the possible sale by Clessidra of its interest in Buccellati is recent news. According to the Italian media, however, it is possible that other portfolio adjustments may occur, notably on the Cavalli side.

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