Tamburi Investment Partners enters the capital of Limonta. Next step the stock exchange listing

Tamburi Investment Partners enters the capital of Limonta, one of the leading groups in the high end of the textile sector, with an estimated turnover for 2021 of over 160 million and about 850 employees. The binding agreement between Tip and the Limonta family foresees the entry of 25% financed partly through a capital increase and partly through the purchase of shares. The total investment will be around 89 million euros. The operation aims to support the owners and the management in the group's growth - also through external lines - so that Limonta can assume the role of aggregator in the high-value-added textile sector in Italy. The Limonta family and Tip have also agreed to foresee the listing of Limonta on the stock exchange in the medium term.