Progressio SGR has sold the Giorgetti Group, an Italian luxury furniture brand, to a consortium led by Solida Capital, Alsara Investment Group, and Vivium, aiming to enhance its global presence and continue its legacy of craftsmanship.

Target Company Overview

The Giorgetti Group, a leader in high-end furniture and design based in Italy, has recently been sold by Progressio SGR to a consortium of shareholders, spearheaded by Solida Capital, along with Alsara Investment Group and Vivium. Under the leadership of CEO Giovanni del Vecchio, Giorgetti has significantly evolved from a family-operated business into a prominent global entity, recognized for its luxury offerings and commitment to craftsmanship.

This transition to a new corporate structure was driven by a collaboration between passionate entrepreneurs and investors who share a unified vision of design excellence. Their goal is to build upon the successes of recent years and further accelerate the brand's international expansion.

Industry Overview in Italy

The Italian furniture sector is recognized as one of the most important in the global market, characterized by its emphasis on quality, design, and innovation. Italy is home to numerous prestigious furn