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. This deal marks a significant expansion of AMF’s footprint in the strategic Scandicci leather goods district, enhancing its proximity to the workshops and manufacturing centers of major luxury houses. The rationale is focused on achieving industrial and commercial synergies by integrating Benelli’s specialized product development skills and local market relationships with AMF’s large scale production facilities and advanced laboratories. This acquisition further consolidates the European luxury supply chain, with the combined group now reaching a turnover exceeding 130. By incorporating Benelli Ademaro, AMF strengthens its position as a primary Tier 1 supplier, capable of offering a broader range of technical solutions and increased reliability to its luxury clients.

This transaction is part of the Retail & Consumer industry, which currently tracks an average EBITDA multiple of 10.9x since the beginning of 2026, 10.3% decrease compared to 2025. This data is based on the contribution of our growing community, composed of M&A and private equity professionals.