Monday, October 21, 2013

Triliantic acquires a minority stake in Betty Blue



There is glamour which is resilient. And watches toward East. It is the glamour of Elisabetta Franchi a creative-entrepreneur from Bologna which in 1998 founded Betty Blue S.p.A., an italian company operating in the luxury premium fashion, clothing ready-to-wear and accessories market under the brand names Elisabetta Franchi and Betty BlueElisabetta Franchi has now opened up to the private equity fund Trilantic Capital Partner in view of a future listing on the stock exchange, in an agreement for the acquisition of a minority equity shareholding. With headquarter in Quarto Inferiore di Granarolo Emilia, in the province of Bologna,  where  back in 2009, with its business expanding more and more, the company took over the factories of a pharmaceutical company on the outskirt of Bologna, establishing a structure of 6,000 sq. m nested in greenery, Betty Blue employs 150 persons.


On the value of the transaction there is utmost discretion, but to get an idea of the numbers of Betty Blue just think that in 2012 the company had revenues of approximately €105 million with an EBITDA of roughly €26 million and for year 2013, the Bologna-based company expects to close the financial year with results in further growth. Based on the results of the company it is expected