Italian fashion brand Twinset has been acquired by Borletti Group and Quadrivio & Pambianco, through their private equity fund Made in Italy Fund II. The acquisition, which was announced on October 15, 2021, sees the two Italian companies take full control of Twinset from its previous owner, global investment firm The Carlyle Group.
This acquisition marks a significant milestone for Twinset, which was founded in 1990 by Simona Barbieri and Tiziano Sgarbi. The brand has become known for its elegant and sophisticated designs, which have captured the hearts of fashion lovers around the world. With this new ownership, Twinset is set to continue its growth and expansion in the global fashion market.
Borletti Group and Quadrivio & Pambianco are two well-respected names in the Italian business world, with a strong track record of successful investments in the fashion and luxury sectors. Their private equity fund, Made in Italy Fund II, focuses on investing in Italian companies with high potential for growth and international expansion. The acquisition of Twinset is a testament to their confidence in the brand and its potential for future success.
The Carlyle Group, which acquired a majority stake in Twinset in 2012, has played a crucial role in the brand’s growth and development over the past decade. Under their ownership, Twinset has expanded its presence globally, opening new stores and increasing its online presence. However, with the changing dynamics of the fashion industry and the need for constant innovation and adaptation, The Carlyle Group saw an opportunity to pass the baton to new owners who could take Twinset to the next level.
The new owners, Borletti Group and Quadrivio & Pambianco, have expressed their excitement and commitment to Twinset’s future. In a joint statement, they said, “We are thrilled to have acquired Twinset, a brand that represents the best of Italian fashion and has a strong international presence. We believe in the brand’s potential for growth and are committed to supporting its development and expansion in the global market.”
The acquisition of Twinset by Borletti Group and Quadrivio & Pambianco is a strategic move that aligns with their vision of investing in Italian companies and promoting the “Made in Italy” brand worldwide. It also reflects the growing trend of Italian companies taking control of their own destiny and retaining ownership within the country.
Twinset’s loyal customers can expect to see the brand continue to deliver high-quality, timeless designs that have made it a favorite among fashion enthusiasts. With the new owners’ expertise and resources, Twinset is poised for even greater success in the future.
In conclusion, the acquisition of Twinset by Borletti Group and Quadrivio & Pambianco is a positive development for the brand and the Italian fashion industry as a whole. It is a testament to the strength and potential of Italian companies and their ability to thrive in the global market. Twinset’s future looks bright, and we can’t wait to see what the brand will achieve under its new ownership.
