Trilantic Europe has sold its 25% stake in Italian luxury fashion retailer Betty Blue to the fashion label Elisabetta Franchi.
Frank-Noël Vandenberghe exits the business he co-founded with Michele Mezzarobba, who left last year
Investor's €360m fund has an extra capacity of €150m from the GP's listed vehicle and will focus on carve-outs
Fund invests in renewable chemistry, regenerative medicine and agri-food across the Netherlands, Belgium and parts of Germany
Company will operate with the GP's existing test and measurement companies in the US and Denmark