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Alto Partners takes 51% stake in IPE Cavalli

Alto Partners has acquired a 51% stake in design furniture business IPE Cavalli.

Mar 24, 2010 By furnitureinchina , unquote.com
Tag: Italy,IPE Cavalli

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IPE Cavalli, founded in 1959 by Carlo, Pompeo and Vittorio Cavalli, is a company based in Zola Predosa (Bologna) and is active in the high end luxury furnishing segment.

The company, which employs 20 people, has seen its turnover increase from €8m in 2006 to approximately €20m in 2009, with an EBITDA of about 15%.

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