OVS to acquire Stefanel for 3.2 million euros

OVS SpA has announced that the company is acquiring Stefanel brand and twenty-three stores located in some of the main Italian cities for a total consideration of 3.2 million euros. The company said in a statement that it aims to enrich the OVS portfolio with a brand recognized in Italy and in the world, in particular in women’s knitwear. OVS believes that the acquisition will strengthen the company’s offer in women’s segment allow the group to enter in a higher positioning.