Moncler Has Two New Shareholders

By  |  0 Comments
Share Button

Moncler Grenoble Fall 2016 Menswear 4

Moncler Grenoble Fall 2016 Menswear.

The main shareholder of French apparel manufacturer and lifestyle brand Moncler announced that it had secured an agreement with two long-term investors to grow the footprint of the Milan-based brand.

Ruffini Partecipazioni, which currently owns 32% of Moncler, said it would place its stake in the group in a new company that it would fully own in a first stage.

Singapore-based Temasek and Juan Carlos Torres, a shareholder and Chairman of travel retail group Dufry, would then buy a 24.4% stake in the new company.

Clubsette, an investment vehicle owned by Tamburi Investment Partners and which owns 14 percent of Ruffini Partecipazioni, will exchange it for a 5.1% direct holding in Moncler, the statement said. At the end of the operation the new company will own 26.8 percent of Moncler and Remo Ruffini, Chairman and CEO of Moncler, will remain the single largest and controlling shareholder, it said.

Moncler Grenoble Fall 2016 Menswear 3

Moncler Grenoble Fall 2016 Menswear.

Moncler Grenoble Fall 2016 Menswear 2

Moncler Grenoble Fall 2016 Menswear.

Moncler Grenoble Fall 2016 Menswear 1

Moncler Grenoble Fall 2016 Menswear.

Photos Credit: Indigital.tv

Share Button
Donovan

Donovan is the CEO and Editor-In-Chief of www.dmfashionbook.com. For all general inquiries please email don@dmfashionbook.com Donovan has a BA in Journalism & Media Studies from the prestigious Rutgers University. He's currently studying entertainment and fashion law.