GCA advises Daidoh on its majority stake acquisition of Pontetorto
This represents a strategic deal for both companies that will extend their presence through synergies, both in terms of product and markets. Pontetorto will benefit from a capital strengthening and will consolidate its presence in Asia, where the company already has its own trade agents, also through Daidoh’s production and sales channels. Daidoh will have the opportunity to increase its penetration into the European market thanks to Pontetorto’s channels, integrating its fashion business with women’s fabrics.
In terms of governance, the Banci brothers will remain shareholders and, above all, they will keep managing the company. Pontetorto will retain its Italian identity, therefore neither the structure, nor the management will be changed. Daidoh will nominate some members to the new Board of Directors, who will bring their international experience to Pontetorto.