De Agostini has acquired a 42% stake in Legami S.p.A., aiming to bolster the company's growth and international expansion while ensuring a strengthened governance structure.

Information on the Target

De Agostini, a diversified group controlled by the Boroli and Drago families, has acquired a 42% stake in Legami S.p.A., a Benefit Corporation based in Azzano San Paolo (BG). This acquisition involved the complete purchase of shares previously held by Flexible Capital Fund, which is managed by DeA Capital Alternative Funds. With De Agostini's entry into Legami, a new governance structure is established to support the company's growth trajectory both in Italy and internationally.

The partnership with De Agostini is designed to ensure continuity with the previous investor while fostering a long-term approach. This new investment brings complementary skills and a shared strategic vision that will enhance the organization and optimize operational processes and structures. As a member of the Board of Directors, De Agostini will appoint two representatives, joining Alberto Fassi, the founder and CEO of Legami, who retains the majority stake and is committed to continuing the entrepreneurial project and strategic vision of the company. This evolution marks a significant step in the consolidation and future development of Legami.

Industry Overview in Italy

Established in 2003, Legami S.p.A. has become one of Italy's most dynamic brands in the stationery, gift items, and lifestyle accessories sector. The company