Akkotex Acquires Majority Stake in Aitex: Role of Rossini Advisory

Aitex, an established Italian company specializing in textile bonding, has sold its majority stake to Akkotex in a significant deal in the Italian textile sector. This transaction was executed under the advisement of Rossini Advisory, acting as the financial advisor for Aitex. The deal involved thorough due diligence, including legal considerations managed internally by Rossini Advisory and tax and administrative duties led by Quartu Burinato & Partners with support from Dr. Anna Milan for Akkotex. Founded in 1985, Aitex has a robust history in the sporting footwear industry, notably in producing components for snowshoeing and ski boots, and has since expanded into luxury textiles. Akkotex, founded in 1990, has a strong international presence, known for innovative textile bonding and coating across multiple industries, from footwear to fashion, and automotive to nautical. The industrial integration is expected to ensure a smooth generational transition and strengthen Akkotex's regional presence and customer service.