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MTWH (Metalworks), a group of Italian manufacturers of metal and plastic accessories for the luxury goods industry and a portfolio company of DBAG and Luxempart, acquires Metalstudio Group, a supplier of metal goods serving the high-end luxury market segment based in Scandicci near Florence, Italy.
Metalstudio’s founder Egidio Salvini will become a shareholder of MTWH, and the company’s chairman. The parties have agreed not to disclose details of the sale.
In May 2022, via a management buyout, DBAG Fund VIII, which is advised by DBAG, acquired a majority stake in MTW Holding SpA. Luxempart made a significant co-investment and actively manages the development of the company alongside DBAG. Luxempart has deployed additional capital in the context of the...
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