Information on the target
A&B Couture, a French luxury manufacturing group led by Tristan Henner, has acquired a 51% stake in Bertan Maglie srl, an atelier located in Borgoricco (Padova) specializing in high-end prêt-à-porter and knitwear. The acquisition, executed through A&B International, was finalized in September 2026 and is valued between €6 million and €10 million. Founded in 1965 in the heart of Veneto, Bertan has established a strong identity in the knitwear sector, combining technical expertise, artisanal craftsmanship, and industrial capacity.
With revenues of approximately €8.6 million and an EBITDA of around €3.4 million for the fiscal year 2025, Bertan has been a production partner for several leading international fashion houses. The Bertan family retains a 49% stake through VM srl, ensuring continuity for the atelier while A&B Couture aims to further develop Bertan's capabilities while preserving its unique identity and skilled workforce.
Industry overview in the target’s specific country
The knitwear industry in Italy is renowned for its rich heritage and craftsmanship, characterized by a blend of traditional techniques and modern innovation. Italy's knitwear sector has a long-standing reputation for producing high-quality garments, with a focus on luxury and bespoke offerings. The country is home to numerous prestigious fashion houses that rely on Italian knitwear for its superior quality and design, making it a pivotal player in the global textile market.
In recent years, the Italian knitwear industry has experienced a resurgence, driven by a growing demand for sustainable and ethically produced fashion. Consumers are increasingly seeking out brands that prioritize environmental responsibility and craftsmanship, leading to a shift in production practices. This trend has encouraged many Italian knitwear manufacturers to adopt sustainable materials and processes, further enhancing their appeal in both domestic and international markets.
The Italian government has also recognized the importance of the textile and apparel sector, implementing initiatives to support innovation and competitiveness within the industry. Investments in technology and training programs have been prioritized to ensure that Italian knitwear remains at the forefront of fashion trends while maintaining its artisanal roots. As a result, the industry is well-positioned for continued growth, with a strong emphasis on quality and heritage.
Furthermore, the knitwear segment benefits from Italy's strategic location within Europe, facilitating access to key markets and supply chains. This geographic advantage, combined with a ski…