# Burberry to acquire Pattern SpA's technical outerwear factory in Turin

Burberry announced plans to acquire a specialist technical outerwear factory from Pattern SpA in Turin, Italy, for €21 million. Approximately 70 Pattern employees will join Burberry upon completion, expected later in 2023.

- Type: Acquisition
- Announced: 2023-03-28
- Where: Turin, Italy, Italy
- Value: $23.0M (21.0M EUR)
- Jobs: 70
- Status: announced
- Products: technical outerwear, luxury ready-to-wear, quilts, downs
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Pattern Group](https://endata.com/companies/68143.md) (target)
- [Burberry](https://endata.com/companies/69373.md) (acquirer)

## Sources

- [dev.sgbonline.com](https://dev.sgbonline.com/burberry-to-acquire-technical-outerwear-factory/), 2023-03-28: "This strategic investment is an important next step in bringing our outerwear category to full potential."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.