Investindustrial to acquire Sergio Rossi from Kering

Investindustrial has agreed to to acquire luxury shoe maker Sergio Rossi from Kering, a lifestyle and fashion brand group.

The transaction includes all the industrial assets of Sergio Rossi, the rights attached to the brand and the entire distribution network.

Sergio Rossi is a well-known Italian footwear brand and runs a network of 80 stores in Europe, the Middle East, North America, Asia and Japan.

Investindustrial has invested in a number of luxury brands during the last two years, including Aston Martin, B&B Italia and Flos.

The firm has also launched a €1bn vehicle focused exclusively on investing in the design industry.