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Investindustrial clinches first deal for its sixth fund

Southern Europe-focused private equity firm to take a majority stake in Italy's Artsana Group

Investindustrial is hoping for international from the Italian pram manufacturer Chicco
Investindustrial is hoping for international from the Italian pram manufacturer Chicco Photo: iStock

Investindustrial, the southern Europe-focused private equity firm that owns the luxury car marque Aston Martin, has agreed to buy a 60% stake in the Italian owner of the Chicco baby brand, Artsana Group, in the first investment from its latest €2 billion buyout fund.

The deal values Artsana at about €1.3 billion, a spokesman said, with no co-investors involved in the deal.

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