De Agostini has acquired 42% of Legami, taking up the complete stake held by Flexible Capital Fund, a fund managed by DeA Capital Alternative Funds Sgr. As a results of the operation, we learn in a notice, De Agostini turns into, alongside the founder Alberto Fassi, the second largest shareholder of the group energetic within the stationery, reward objects and way of life equipment sector.
The numbers
In latest years, the notice remembers, Legami has recorded “exceptional” progress: from 51 million euros in revenues in 2022 to 245 million in 2024, with an EBITDA of over 50 million and a world presence that has expanded quickly, with distribution in over 70 nations, 10,000 retailers, greater than 600 corners and a repeatedly increasing direct retail community, now energetic in Italy, France and Spain.
By 2025, the turnover is anticipated to exceed 300 million euros and the opening of additional boutiques, together with 16 in France and 5 in Spain, for a complete of greater than 150 straight managed shops.
New governance construction
With the entry of De Agostini, a brand new governance construction is outlined “aimed at continuing the growth path in Italy and abroad”. Within the board of administrators, De Agostini will have the ability to designate two representatives alongside – amongst others – Alberto Fassi, founder and CEO of Legami, who maintains nearly all of the capital and ensures the continuation of the entrepreneurial undertaking and the strategic imaginative and prescient of the corporate. This evolution represents a major step within the path of consolidation and future growth of the corporate based in 2003.
https://www.ilsole24ore.com/art/de-agostini-compra-42percento-legami-dea-capital-AH9SqNzD