Italy gets first textile finishing company Imprima S.p.a

03 Feb '17

2 min read

Imprima S.p.a., the first global holding company dedicated to textile printing and finishing sector, has opened in Italy. Imprima is funded by a pool of financial investors led by the Italian Private Equity Fund Wisequity IV, managed by Wise SGR, a company that has already supported the development of other successful companies in the textile supply chain.

With the creative heritage of the brands acquired, clean and smart manufacturing, proximity to markets, outstanding quality, and sustainability, Imprima aims to establish itself as a preferred partner for brands and retailers in the world of fashion.

Thanks to the acquisition of 100 per cent of the German finishing and textile printing company KBC and 100 per cent of the Italian company Guarisco by WISE SGR, Imprima is enriched, already at this early stage of development, by an international outlook that makes it extremely competitive in the market, which will be reinforced in the coming months with additional acquisitions in Italy and abroad.

Leading the new company will be Paolo Gramaglia and Chiaretto Calò, who share the role of Co-CEO of the Imprima group, assisted by vice president Gianluca Boni and CFO Giovanni Lorato. The management will act in coordination with Valentina Franceschini, partner of Wise SGR and president of IMPRIMA, and Luca Boni, director Wise SGR. The entrepreneur Marco Guarisco and associate Andrea Moretti will remain in all operational effects in their current positions. The CEO of KBC Henri Rowienski will also continue to lead the German company.

Over €30 million are planned for investments in technology and an acquisitions program with some really excellent Italian styles will be a part of the company.

Paolo Gramaglia said, “We started with two milestones in the industry: KBC, a company with more than two and a half centuries of history that is characterised by a refined and distinctive design and creative heritage and positioning, and Guarisco, an Italian family company, dynamic, young, known for design that rapidly transposes the fashion factor to bring it to the world of fast fashion.”

Chiaretto Calò said, “We are working to finalise other top level acquisitions in Italy and abroad. There are industrial solutions but their adoption on a global scale requires volumes, capital, human resources and management, which are in an advanced stage of the necessary learning curve.” (GK)

Fibre2Fashion News Desk – India

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