# Pattern Group's SMT acquires 100% of Umbria Verde Mattioli

SMT, part of Pattern Group, signed a binding investment agreement to acquire 100% of Umbria Verde Mattioli S.r.l., an Italian luxury knitwear manufacturer based in Umbria. The acquisition strengthens Pattern Group's position in the luxury knitwear sector.

- Type: Acquisition
- Announced: 2024-05-30
- Where: Umbria, Italy
- Status: announced
- Products: luxury knitwear
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [SMT](https://endata.com/companies/61563.md) (acquirer)
- [Pattern Group](https://endata.com/companies/68143.md) (investor)
- [Umbria Verde Mattioli](https://endata.com/companies/77760.md) (target)

## Sources

- [confindustria.umbria.it](https://www.confindustria.umbria.it/iniziativa_associati/pattern-sottoscrive-un-accordo-di-investimento-vincolante-per-lacquisto-del-100-di-umbria-verde-mattioli/), 2024-05-31: "Sono molto felice dell’ingresso di Umbria Verde in Pattern Group."

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