VALENTINO acquired by MAYHOOLA
Context
Mayhoola for Investments has acquired full ownership of Valentino Fashion Group (VFG) from Red&Black Lux S.a.r.l., a holding company controlled by Permira Funds (80%) and the Marzotto family (20%). The transaction focuses specifically on the Valentino brand and the M Missoni license. The deal structure excludes the MCS-Marlboro Classics brand (which remains with Red&Black) and follows the earlier separation of Hugo Boss from the group. The acquisition was funded entirely through cash without recourse to bank financing, reflecting the financial strength of the Qatari investors. This exit marks the conclusion of Permira's ownership, during which the firm restructured the group's debt and revitalized the brand's creative direction.
VALENTINO, which reported an EBITDA margin of in 2012, is valued in this transaction at an EV/EBITDA multiple of , a level as high as the average currently observed in the Retail & Consumer sector (11.9x).
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Target
Founded in Rome in 1960 by Valentino Garavani, Valentino is one of the world's most renowned luxury houses. The brand is deeply rooted in Haute Couture and offers a wide range of ready-to-wear, leather goods, and accessories. Under the ownership of Mayhoola (since 2012) and the leadership of CEO Jacopo Venturini, the brand successfully executed an elevation strategy, focusing on its heritage and red-carpet presence. In 2022, Valentino operated 211 directly operated stores in over 25 countries and generated €1.4 billion in revenue.
Ent. Value
Equity Value
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EV / Revenue
EV / EBITDA
EV / EBIT
Historical Financials (EUR)
Other operations with VALENTINO
| Date | Acquirer | Target | Country | Sector |
|---|---|---|---|---|
| 07/2023 | KERING | VALENTINO | ITALY | Fashion & Leather Goods |
REFERENCES
Valuation range: EV 500M - 1.5b EUR
Revenue range: 250M - 500M EUR
EBITDA range: 25M - 50M EUR
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Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.
Target: valentino
Acquirer: mayhoola