ICFG Italy advised on the acquisition of ABC Morini by the Margot Group
| Seller | ABC Morini |
| Target | ABC Morini |
| Deal Type | Mergers & Acquisitions |
| Buyer | The Margot Group / Mandarin Capital Partners |
| Territory | Italy |
| Transaction Description | The Margot Group, which was founded in late 2019, is managed by Private Equity Fund Mandarin Capital Partners III (MCP). With its aim of creating an integrated group in the metal accessories sector for leather goods, this is the second successful acquisition for the group in a matter of months. Scandacci based ABC Morini SRL has over 50 years of experience and know-how in the luxury fashion accessories sector, and is now one of the leading suppliers of handbag, shoe and belt fashion accessories worldwide. “Inclusion in the ABC Morini project will allow Margot to diversify its customer base by also entering in the so-called “affordable luxury” segment, and to widen the product range, thus being able to better serve various brands “says Andrea Tuccio, Partner of MCP. Led by Managing Partner Sandro Scaccini, Milan based Palmer Corporate Finance advised Mandarin Capital Partners III as a buy-side advisor on the transaction. |
| Industry Sector | Industrials |
| ICFG Office | Milan |
ICFG member based in Italy, District Advisory SRL, has advised Mandarin Capital Partners III on the acquisition of leading wholesale supplier of metallic accessories for leather goods worldwide, ABC Morini SRL, by the Margot Group.
