One of the suppliers of Sergio Tacchini is said to be negotiating the acquisition of a certain portion of the company’s assets. The new candidate to the acquisition is reportedly Hembly, a Chinese company quoted on the Hong Kong stock exchange. The new scenario follows the apparent break-up of previous negotiations for the acquisition of a majority stake in the company by Orlando Italia, an equity fund led by Gianni Mion, a former executive with Benetton Group’s holding company who orchestrated the establishment of Benetton SportSystem. Under that scenario, Orlando would have financed an equity increase of €15 million for Sergio Tacchini, which reportedly had debt of €70 million at the end of last year. Sergio Tacchini had no comment on either report.
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