Alpha Private Equity Fund 7 has agreed to acquire a majority stake in Calligaris Group, enhancing its position in the global premium furniture market.

Target Information

Alpha Private Equity Fund 7 has successfully negotiated to acquire a majority stake in the Calligaris Group from the Calligaris family. The transaction is expected to finalize in autumn, pending antitrust and customary closing conditions. Following the acquisition, the Calligaris family will retain a minority stake of 20%, and Alessandro Calligaris, who has led the company since 1966, will continue to serve as the Chairman of the group.

Founded in 1923 and headquartered in Manzano (Udine, Italy), Calligaris is a prominent participant in the global living and dining furniture market. The company is known for its extensive range of high-quality Italian design furniture, including chairs, tables, and sofas within the premium segment. It operates under three brands—Calligaris, Connubia, and Ditre—leveraging a robust network of over 620 sales outlets across more than 100 countries. In 2017, Calligaris reported revenues of approximately 140 million Euros, reflecting a growth rate of 7% year-over-year, with an EBITDA of around 23 million Euros.

Industry Overview

The furniture industry in Italy is renowned for its rich heritage and commitment to quality craftsmanship, with a significant global influence. With a strong emphasis on design, Italian furniture brands are often considered trendse