Fineurop Soditic advised MinervaHub on the structuring of the financing for the acquisition of a majority stake in Jato 1991 and Gruppo Meccaniche Luciani, as well as of the existing indebtedness refinancing.
Founded in 1991, Jato designs embroidery and clothing for major luxury brands for pret-à-porter and Haute Couture, through its own chain of creativity and production.
Jato also produces and owns a historical archive of clothes with over 12 thousand creations, which represents a unicum in the market. With headquarters in Italy (near Bologna) and India, Jato posted sales of around Euro 7 million.
MinervaHub has also acquired Gruppo Meccaniche Luciani.
Established in the Marche district in 1969, it is focused on the design and production of molds, socket punches and technical tools for footwear and leather goods.
Created in March 2022, MinervaHub is a group that includes Italian manufacturing companies focused on creativity, know how, fashion and luxury at the service of the most prestigious brands. The aggregation intends to create a real all-Italian brand dedicated to high-end service.
The Companies that have already joined the MinervaHub Group are Koverlux, Quake, Zuma, Sp Plast Creating, Galvanica Formelli and Zeta Catene.
The financing facilities have been provided by Crédit Agricole Italia, Intesa Sanpaolo, Banco BPM, Banca Ifis, Unicredit and Illimity.