Brunello Cucinelli S.p.A. (BIT:BC) acquired a 43% minority stake in Cariaggi Lanificio S.p.A. from Cariaggi family for €15.05 million on March 14, 2022. The purchase was financed entirely with own means. Control and day-to-day management of the company will still remain in the hands of the Cariaggi family, which holds 57% of the share capital.

Brunello Cucinelli S.p.A. (BIT:BC) Completed the acquisition of a 43% minority stake in Cariaggi Lanificio S.p.A. from Cariaggi family for €15.05 million on March 14, 2022.