FSI Becomes Missoni’s Controlling Shareholder, Katjes Acquires 27% Stake

Fondo Strategico Italiano will become Missoni’s controlling shareholder with roughly 73% after the Missoni family exits its equity position, while Katjes International, through its wholly owned subsidiary Katjes Quiet Luxury, signed to acquire approximately 27% of Missoni S.p.A., the companies announced on 03 March 2026. The move keeps ownership largely domestic and swaps family control for institutional backing as Missoni heads into a growth phase.

Katjes’s corporate release put the deal bluntly: "Katjes International, the brand holding of the Katjes Group, today signed an agreement, through its wholly owned subsidiary Katjes Quiet Luxury, to acquire approximately 27% of the shares in Missoni S.p.A. ('Missoni'). The remaining shares will going forward be held by the Italian growth equity firm FSI, which is currently a minority shareholder and, in the course of the transaction, will fully acquire the shares held by the Missoni family." That statement also spelled out the mechanics that matter for future control: Katjes secured tag-along rights, agreed to FSI’s market-standard drag-along, and holds a call option on FSI’s shares with the potential to become majority shareholder.

Financial specifics on price were not disclosed. Katjes says the purchase price will be financed predominantly from its own funds and that it has increased its corporate bond by €15 million to a total volume of €200 million, under WKN A30V78 / ISIN NO0012888769. Katjes also flagged that it expects 2025 revenues and earnings to be significantly above published guidance and that its 2025 consolidated accounts are under preparation and audit.

Missoni arrives at this ownership reset with momentum: turnover has doubled to approximately €130 million and EBITDA is expected to reach roughly €20 million this year, while the Spring/Summer and Autumn/Winter 2026 collections led by creative director Alberto Caliri recorded sales growth of 30%. Governance will remain stable — Livio Proli stays on as CEO and Barnaba Ravanne, FSI co-founder, continues as Chairman — and the existing management team will remain in place. The Missoni family will step back from ownership but will remain custodians of the brand through the Ottavio and Rosita Missoni Foundation.

There is a small reconciliation to note: most market filings list Katjes’s entry as approximately 27%, while one industry note pegs the Fassin and Bachmueller families’ stake via Katjes Quiet Luxury at around 25%. Either way, the arithmetic leaves FSI roughly 73% post-transaction. The deal is subject to antitrust approval and expected to close in the second quarter of 2026.

This is not a sell-off to an international consolidator; it is FSI doubling down on an Italian knitwear icon that posted double-digit top-line gains under Alberto Caliri, while Katjes positions itself as a serial buyer with a convertible path to control. If regulators sign off in Q2, Missoni will trade family equity for institutional capital with management continuity and a named pathway for Katjes to escalate its stake.