Italian private equity firm Quattro R negotiating Trussardi acquisition

Private equity firm Quattro R is engaged in negotiations to buy Italian fashion label Trussardi, which has also attracted the attention of overseas investors.

Quattro R’s shareholders are its own senior management - led by President Andrea Morante and CEO Francesco Conte - with a 60% stake, and Italy’s state-owned merchant bank Cassa Depositi e Prestiti, with a 40% stake.

Roman daily paper Il Messaggero reported rumours that Quattro R is going ahead with its ongoing negotiations with the Trussardi family, but the investment firm has declined to comment.

Among the underwriters of the Quattro R investment fund, specialised in the turnaround of companies experiencing financial difficulties, there are several Italian public pension funds.