OVS Acquires Full Stake in Goldenpoint Ahead of Schedule
Deal News | Jun 24, 2025 | Legal Community Italy
OVS, with legal assistance from CRCCD, has accelerated its acquisition of Goldenpoint, a lingerie and beachwear chain. Initially planned between 2026 and 2029, the acquisition will be completed immediately due to favorable results and collaborations with Goldenpoint's team. Goldenpoint is expected to report sales of €50-60 million and a positive EBITDA as part of the OVS group by late 2025. Gilfin, the selling shareholder of Goldenpoint, is advised by Osborne Clarke.
Sectors
- Retail
- Legal Services
- Corporate Finance
Geography
- Italy – The acquisition involves Italian companies OVS and Goldenpoint, as well as the law firms CRCCD and Osborne Clarke operating in Italy.
Industry
- Retail – Goldenpoint operates in the retail sector, specifically in lingerie and beachwear, which is the focus of the acquisition.
- Legal Services – CRCCD and Osborne Clarke provided legal advisory services, which are crucial to facilitating the acquisition process.
- Corporate Finance – The deal involves significant financial strategy, including a convertible bond and financial structuring to support the acquisition.
Financials
- 50 to 60 million euros – Expected sales of Goldenpoint in 2025 when it is consolidated into OVS's financials.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| OVS | Buyer | Company | An Italian fashion retail company acquiring full control of Goldenpoint. |
| Goldenpoint | Target | Company | An Italian chain specializing in lingerie and beachwear, targeted for full acquisition by OVS. |
| Gilfin S.r.l. | Seller | Company | The selling shareholder of Goldenpoint. |
| CRCCD | Legal Advisor to OVS | Company | The law firm advising OVS on the acquisition. |
| Osborne Clarke | Legal Advisor to Gilfin | Company | The law firm advising the seller, Gilfin S.r.l. |
| Roberto Cappelli | Legal Advisor | Person | Senior partner at CRCCD leading the legal team for OVS. |
| Luca Saraceni | Legal Advisor | Person | Partner at Osborne Clarke leading the legal team for Gilfin. |