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ITALY - L-Capital to take stake in Dondup

frannie
13 January 2010

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L-Capital the private equity arm of luxury brand holding LVHM is to take a majority stake in fashion manufacturer Dondup; a deal that has been in the works at least since last summer.

Based in Milan and founded in 1999, the company has reported sales in excess of EUR 60m. The investors are expected to support the company strengthen their position and presence in foreign markets.

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