Friday, December 2, 2022

Calida buys premium lingerie brand in USA

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Calida is paying $80 million for a 100 percent stake in Cosabella. The transaction is expected to close in the second quarter of 2022, according to a statement on Thursday.

Cosabella was founded in 1983 by Valeria and Ugo Campello in Miami (Florida). The second-generation family business employs around 50 people and generated sales of 29 million US dollars and an operating income (EBITDA) of 4.8 million dollars in the USA in 2021.

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