Lifestyle Design acquires the majority of INTERNI. 

Milan, November 17, 2021 (LF) - Together with Haworth Inc, Lifestyle Design announced today that it had reached a binding agreement with Progressio sgr to acquire its majority stake in Interni, the historic Italian company operating in the design and distribution of high-end interiors. 

The subsidiary Poltrona Frau will make the acquisition. At the same time, the newcomer will operate within the Lifestyle Design Division joining the brands Poltrona Frau, Cappellini, Cassina, Ceccotti, DZine, Karakter, Janus et Cie, Luminaire, and Luxury Living. With an expected turnover of 40 million euros by 2021 and over 80 employees, 44 of whom are involved in design and sales, Interni operates mainly through a network of 13 stores in Italy and England, with a total sales area that now exceeds 10,000 m2. Established in 1933 in Verano Brianza, Interni is one of the most important designs and distribution companies serving Italian and foreign quality furniture companies. An entrepreneurial success story of the Cazzaniga family, which has wisely led the company for three generations, and in 2019 saw the passing of the baton at the helm of the company from father Giuseppe to son Stefano the current CEO of Interni. Point of reference for all the most important companies in the Italian and foreign quality furniture sector Interni is now focused on a new expansion phase outside the national borders, seizing significant opportunities for concentration that the distribution market is offering. Interni will operate within Lifestyle Design's Retail Division and prestigious brands such as Luminaire and DZine based in the US. Stefano Cazzaniga will report directly to Dario Rinero, CEO of Lifestyle Design.

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