Pattern subsidiary SMT acquires Umbria Verde Mattioli for 20 million euros

Umbria Verde Mattioli shareholders signed a binding agreement to sell 100% of the capital to Società Manifattura Tessile S.r.l. (SMT), a subsidiary of Pattern S.p.A., for a price of 20 million euros. The closing is expected by June 2024.

“Umbria Verde Mattioli S.r.l. (UVM), an Umbrian company specialising in the production, processing and marketing of thin and super thin luxury knitwear in Italy and abroad, today signed a binding agreement for the sale of its entire capital to Società Manifattura Tessile S.r.l. (SMT), a subsidiary of”scoutingadvisors.com

• 3 sources
• scoutingadvisors.comSCOUTING CAPITAL ADVISORS ASSISTS UMBRIA VERDE MATTIOLI IN THE ENTRY OF PATTERNS IN ITS CAPITAL - Scouting Capital & Family AdvisorsMay 31, 2024
• perugiaonline.netPattern Group acquista Umbria Verde Mattioli - Perugia OnlineRedazione Perugia OnlineJun 1, 2024
• scoutingadvisors.comSCOUTING CAPITAL ADVISORS ASSISTS UMBRIA VERDE MATTIOLI IN THE ENTRY OF PATTERNS IN ITS CAPITAL - Scouting Capital & Family AdvisorsFabio GrazioliJun 4, 2024

Summarized from public sources; check the original articles before acting on it.