ITALY - Efibanca acquires design company MGM.it
Efibanca-managed Star Bridge Social Responsible Fund has acquired an 80% stake in design company MGM.it.
The company specialises in floor plan layout design and execution for electronics and electrical appliances stores. The investors plan to double the sales volume over the next three years.
Star Bridge is a EUR 70m fund managed by Efibanca Palladio Finanziaria and is headed by Marco Gazzaniga.
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