Investment date:

November 2020

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  • Florence is a group resulting from the consolidation of three leading Italian companies active in the design, development and production of high-end “made in Italy” garments for the top global luxury clothing brands

  • The group is the first Italian “one-stop-shop” platform with end-to-end coverage of the development and production phases for luxury brands and has the goal of completing its offering through the acquisition of already identified targets in the coming months

  • The Group recorded revenues of €92.4m in 2019, with Ebitda over 20%

  • VAM leads a consortium of financial investors inclunding Fondo Italiano d’Investimento