Gruppo Florence increased its fashion platform adding high quality made-in-Italy manufacturers Facopel and Barbetta

Fineurop Soditic advised Gruppo Florence S.p.A. on the structuring of the financing for the acquisition of a majority stake in Facopel Produzione S.r.l. and Luciano Barbetta S.r.l. from the founding families, as well as of the exhisting indebtedness refinancing.

Facopel and Gruppo Barbetta
jersey products and hats

Founded in 1908 near Pistoia, Facopel manufactures hats for over 40 important Italian and international luxury brands thanks to its 54 employees who mainly deal with the creative and pattern-making part.

Gruppo Barbetta, founded in 1973 in Nardò (Lecce) is specialized in the design and production of jersey products, ranging from highly manufactured dresses to highly technical outerwear.

Florence is the first Italian “one-stop-shop” platform of the Italian textile supply chain, led by VAM Investments, Fondo Italiano d'Investimento, Italmobiliare and the Group's entrepreneurial families. 

Founded in October 2020, Florence has aggregated 14 companies that supply high-quality, Made in Italy products to major luxury fashion brands and it reached a total turnover of approximately Euro 300 million.

The Group aims to grow and complete its offering through the acquisition of further Italian companies to consolidate Made in Italy manufacturers into a single platform.

The Companies that have joined the Florence Group are Facopel, Gruppo Barbetta, Confezioni CAM, Confezioni Elledue, Frediani, Parmamoda, Pigolotti, Giuntini, Ciemmeci, Mely's, Manifatture Cesari, Emmegi, Antica Valserchio and Metaphor.

The financing facilities, amounting to a total of Euro 226 million, have been provided by BNL, Unicredit, Intesa Sanpaolo, BPER Banca, Crédit Agricole Italia, Banco BPM and Cassa Depositi e Prestiti.