MondeVita Italy acquires luxury tailoring house Raffaele Caruso from Lanvin Group

MondeVita Italy S.r.l., a subsidiary of the Abu Dhabi-based investment firm Mondevo Group, has finalized the acquisition of 100% of Raffaele Caruso S.p.A. The target company is a prominent Italian firm recognized for its high-end sartorial production. The transaction was completed through the sale of the stake previously held by Lanvin Group S.p.A.

Mondevo Group, supported by private investors and founded by Hussam Otaibi and Fabio Brambilla, intends to leverage this acquisition to strengthen its international investment portfolio. Following the change in ownership, the new board of directors has confirmed Marco Angeloni as CEO of Raffaele Caruso S.p.A. Fabio Brambilla has been appointed as Chairman, and Gianfranco D’Attis has joined the board as a member.

BIP Law & Tax assisted Mondevo Group throughout the acquisition with a legal team led by equity partner John Shehata, director Ilaria Stassano, and senior associate Filippo Sanzogni. The tax components of the operation were managed by equity partner Carlo Maria Andò and senior associate Stefano Lando. Lanvin Group managed the transaction through its internal legal department.

© Image: Caruso