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 in 2019, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the Retail & Consumer sector (11.2x).

-> Deep-dive in Retail & Consumer market trends

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

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2019
2018

Other operations with AMF GROUP

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
DateAcquirerTargetCountrySector
10/2025AMF GROUPBENELLI ADEMAROITALYLuxury Supply Chain
07/2022AMF GROUPCHAINES ET CIEFRANCELuxury Supply Chain
06/2022AMF GROUPITALCATENEITALYLuxury Supply Chain

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: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

Press release: view release

Acquirer: alpha private equity