DA VINCI INVEST AG ACQUIRES BRUNO MAGLI Milan, 9 January

DA VINCI INVEST AG ACQUIRES BRUNO MAGLI Milan, 9 January

DA VINCI INVEST AG ACQUIRES BRUNO MAGLI
Milan, 9 January 2014
Fortelus Capital Management LLP (Fortelus) and Da Vinci Invest AG jointly announce today that
Da Vinci Invest AG acquires Bruno Magli S.p.A., the historic fashion brand which provides luxury
women’s and men’s shoes, accessories and ready to wear.
The owners appointed Dott. Manfred Ebensberger as the new CEO effective from today on.
Former CEO Dott. Armin Mueller leaves the company and the new owners thank him for his
contribution to Bruno Magli during his tenure with the company.
The current management will continue to run the Bruno Magli company that will remain
headquartered in Italy.
Since the arrival of Bruno Magli’s Creative Director Max Kibardin in 2011, the brand has
commenced its re-positioning in the accessible luxury segment based upon the heritage of the
brand and the refinement of the collections. During this time the business has strengthened its
distribution network in Europe, Middle East, USA and Asia and is striving to develop a strong
wholesale organization worldwide. The company is also extending the product range in order to
provide the Bruno Magli lifestyle world.
Da Vinci Invest AG is a Swiss independent asset management firm based in Zurich, Switzerland
and manages its own investment funds and individual accounts of private investors.
Fortelus, a London based Hedge Fund bought the Bruno Magli Group in 2007 and started the
turnaround process of the company in the same year. Fortelus was advised by Leonaordo & co in
this transaction.
Hendrik Klein, owner of Da Vinci Invest AG stated today:
“I am very convinced of the investment we did with Bruno Magli, a brand representing the
excellence of the Made in Italy and of the manufacturing of its products, which are renowned all
over the world. I trust in the management of the company that will be fully dedicated to the
development of this brand.”
Dott. Manfred Ebensberger, new CEO of Bruno Magli, said today:
“We are very excited about the opportunity to continue the global re-launch of the brand and to
provide consistency in our product and market development. The new ownership will provide the
strength and flexibility to accelerate this process. We now look forward to the next phase of growth
while preserving the values of distinctive design and workmanship, outstanding quality and strong
heritage which are a fundamental part of the Bruno Magli identity.”
For more enquires:
Bruno Magli Press Office
Francesca Pizzimenti
[email protected]
+39 02 87068169
Note to editors
About Bruno Magli
Bruno Magli is an Italian luxury shoes and accessories brand renowned worldwide. Bruno Magli
collections include shoes, bags, small leather goods and a capsule collection of ready to wear for
men and women. Products are distributed in over 30 countries around the world.
www.brunomagli.com