Aksìa Group buys majority stake in Gommatex Spalmati

• Gommatex Spalmati closed 2021 with a total turnover of approximately €23 million, an increase of 28% on the previous year
• Aksìa will support Gommatex in its expansion plans including through M&A
• The deal is Aksìa’s first investment in the high-end luxury sector

Aksìa Group announced on Monday that it has bought a majority stake in Gommatex Spalmati. Milan-based Aksìa Group has made the acquisition via Aksìa Capital V Fund and this is the seventh deal for the fund.

Gommatex Spalmati operates out of Prato, Italy, and specialises in the production of high-quality, sustainable and customisable coagulated and coated fabrics for use by major fashion and luxury brands.

Aksìa Group was founded in 1997 and invests in Italian lower-middle-market companies that it can grow organically and via M&A. It typically invests in family or founder-owned businesses. It has completed over 50 deals and has invested over €500 million.

“We are extremely excited to invest in a new sector, high-end luxury, with a company like Gommatex that is internationally unique and a historical partner of luxury brands,” said Sara Perillo, partner at Aksìa Group. “Strong innovation capacity and orientation towards sustainability, both in processes and products, were considered the drivers for the investment, which includes a development plan in the domestic and foreign markets through a buy-and-build strategy aimed at creating an aggregative supply chain hub.”

Aksìa Capital V Fund will enable Gommatex to accelerate its growth in its domestic market and internationally. Gommatex closed 2021 with a total turnover of approximately €23 million, a 28% increase on the previous year. The expansion plan designed by Aksìa includes strengthening the sales network and creative department of Gommatex.