Tuesday 21, June 2016 by Robin Amlôt

Investcorp acquires majority stake in Italian luxury brand Corneliani

Investcorp has reached an agreement with the Corneliani family to acquire a majority stake in the luxury Italian menswear specialist Corneliani for an enterprise value of approximately $100 million. As part of the transaction, certain members of the Corneliani family will remain as shareholder alongside Investcorp.