Arav Receives €9M Minority Investment from Vertis

Arav, a near Naples, Italy-based clothing manufacturer, received a €9m minority investment from Vertis Sgr.

The proceeds from the deal, which will include two different capital increases, will enable the company to continue to grow in Italy and abroad.

Founded in 2002 by Mena Marano e Giuseppe Ammaturo, who will remain majority shareholders following the close of the transactions, Arav produces and distributes clothing for women and children including Silvian Heach, Silvian Heach Kids and Aston Martin.
The company reported turnover of approximately €90m in 2012.

FinSMEs

07/05/2013

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