The Unusual Suspects -Moncler Acquires Uprising Fashion Brand Stone Island in a €1.15B Deal

"For a long time, I have been looking around for a company that would allow me to create value for Moncler and that could accelerate our growth path. The first time I met Mr. Rivetti, I immediately realized that we share the same vision and that he was the right person to shape the future together." - Remo Ruffini, CEO Moncler

Deal Overview

• Acquirer: Moncler (MONC.MI)

• Target: Stone Island

• Industry: Luxury Fashion

• Transaction Amount: €1.15B

• Announcement Date: Dec. 07, 2020

• Target Advisor: Citigroup & Cornelli Gabelli

The Unusual Suspects- Fashion House Monc

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