“We strongly wanted this strategic operation and we welcome Permira, one of the most prestigious and specialized investors in the world in our sector” said Marco Boglione, President and Founder of BasicNet. Continuing, “I consider this moment as important as only two others have been before in the history of BasicNet: the acquisition of Maglificio Calzificio Torinese in 1994 and the listing on the stock exchange in 1999”.
This statement announced the entry, in minority, of Permira Growth Opportunities II (a fund managed by the global investment company Permira) with approximately 40% in K-Way, a well-known outerwear fashion house owned by BasicNet SpA.
K-Way is the brand of protection against wind and rain and is known for the foldable waterproof jacket “Claude”, with a coloured zip with a logo inspired by the French flag, so much so that it has become synonymous with the product itself worldwide.
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