mynth
07/2019

AMF GROUP acquired by ALPHA PRIVATE EQUITY

ITALY Luxury Goods / Luxury Supply Chain EV 100M - 350M EUR

Context

The transaction involves the acquisition of a 65% majority stake in AMF Snaps by Alpha Private Equity, marking a significant entry into the luxury fashion supply chain. The deal structure includes a substantial reinvestment of 25% by the founding Faerber family, specifically Nicole Faerber and Carmen Toffanello, ensuring continuity in leadership and alignment of interests. Additionally, a 10% stake is being held by a consortium of investors including Italglobal Partners. The primary rationale for Alpha is to utilize AMF Snaps as a foundational platform for a consolidation strategy within the fragmented luxury accessories market. By leveraging the company's existing relationships with top-tier clients like Burberry, Louis Vuitton, and Moncler, Alpha intends to scale the business through organic growth and bolt-on acquisitions. This deal reflects the broader private equity trend of professionalizing "Made in Italy" manufacturing entities to better serve global luxury conglomerates that demand scale, reliability, and high production standards.

AMF GROUP, which reported an EBITDA margin of LOGIN in 2019, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a LOGIN to the average currently observed in the Retail & Consumer sector (11.0x).

Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.

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Target

AMF Group is a leading Italian manufacturer of metal accessories for the global luxury fashion market, operating under the majority ownership of Alpha Private Equity. The group's strategy is centered on building a fully integrated "one stop shop" platform for luxury brands, offering a comprehensive portfolio of metallic components including buttons, buckles, and ornaments. By consolidating specialized niche players, the group aims to provide its clients with a streamlined supply chain characterized by artisanal quality, technological innovation, and sustainable manufacturing practices. The investment strategy focuses on acquiring "Made in Italy" excellence to foster commercial synergies and cross selling opportunities among major fashion houses. Under its current leadership, the group emphasizes the preservation of the entrepreneurial spirit of its subsidiaries while professionalizing management and expanding global distribution capabilities.

Ent. Value

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Equity Value

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Multiples

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EV / EBITDA

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EV / EBIT

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Historical Financials (EUR)

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2019
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2018
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Other operations with AMF GROUP

List of similar M&A transactions (Date, Acquirer, Target, Country, Sector, Deal Context)
DateAcquirerTargetCountrySectorDeal Context
10/2025AMF GROUPBENELLI ADEMAROITALYLuxury Goods

The transaction involves the acquisition of Benelli Ademaro by AMF Group, a portfolio company of Alpha Private Equity. The sellers have agreed to reinvest a portion of their proceeds into the AMF Group, following the established "partnership" model used by the group in previous acquisitions

07/2022AMF GROUPCHAINES ET CIEFRANCELuxury Goods

The transaction involves the acquisition of Chaines et Cie by AMF Group, a portfolio company of Alpha Private Equity, from the owner Frédéric Dreyfus. Following the group's standard acquisition model, Dreyfus will reinvest a portion of the proceeds into the AMF Group and continue to lead the French operations as a manager

06/2022AMF GROUPITALCATENEITALYLuxury Goods

The transaction involves the acquisition of a majority stake in Italcatene by AMF Group, a portfolio company of Alpha Private Equity. The founding Tozzi family will retain a minority interest and continue to lead the operational management of the business in coordination with the AMF leadership team

REFERENCES

Valuation range: EV 100M - 350M EUR

Revenue range: 50M - 100M EUR

EBITDA range: 5M - 25M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of AMF GROUP by ALPHA PRIVATE EQUITY are reserved for mynth community members. Register for free to unlock full data.

Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).

Press release: view release

Acquirer: alpha private equity