Sebastian Leather Group S.p.A.

Parma, December 14, 2010


Finaval Holding S.p.A. announces its entry into the corporate structure of Bettina Ltd. The transaction required the financial disbursement of 1.5 million Euro from Finaval Holding for a participation equal to 26% of the share capital, effected through a reserved capital increase.

 

The operation took place contextually with the purchase of the remaining 44% of the Sebastian Leather Group S.p.A. (of which Bettina already held a stake of 56%) for an amount of  2 million Euro which was partly funded by the liquidity brought in by Finaval Holding from the capital increase referred to above.

The Sebastian brand was created about forty years ago and has been the undisputed leader in the manufacture of elite footwear since the 70/80s.

Today the brand is seen as a synonym of excellence and luxury in the world, ranking at the top of the Italian shoe industry.

The strengths of the brand are the quality of its products, being exclusively made in Italy, the style, and the particular attention to detail.

Sebastian shoes are a guarantee of luxury, elegance and refinement. 
A coherent image, shared around the world.

Today Sebastian has:
·         9 single-brand stores, including Paris, Milan, Beirut, Lugano, Forte dei Marmi
and distributes its products
·          through a prestigious showroom in Via Montenapoleone, in the heart of the fashion district of Milan 
·         and through 300 multi-brand shops that provide an overall presence in 34 countries.

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