BasicNet S.p.A.

Equities

BAN

IT0001033700

Apparel & Accessories Retailers

Market Closed - Borsa Italiana Other stock markets 16:45:00 16/01/2026 GMT			5-day change	1st Jan Change
7.260 ^EUR	-0.14%		-4.72%	-2.94%

01-13	BasicNet Acquires 50,000 Treasury Shares for Nearly EUR380,000	AN
01-07	BasicNet Continues Buyback with Purchase of 77,000 Own Shares	AN

BasicNet Finalizes Woolrich Acquisition for EUR40 Million

Published on 12/01/2025 at 06:04 pm GMT

Alliance News - Translated by Marketscreener - See original

BasicNet S.p.A.

-0.14%

UniCredit S.p.A.

+0.37%

(Alliance News) - BasicNet Spa announced on Monday that it has executed the acquisition of the rights to the Woolrich brand for Europe, as well as 100% ownership of Woolrich Europe Spa, the company responsible for the brand's distribution and retail operations.

In accordance with the agreements related to the transaction, the acquisition was completed through TOW Spa, a company wholly owned by BasicNet, which now holds the entire share capital of Woolrich Europe. There are no plans for these entities to merge.

The consideration, amounting to EUR40 million, is partially settled by transferring 1.2 million treasury shares of BasicNet, valued at EUR12 million, to the sellers.

Unicredit Spa, acting as the group's strategic partner, mandated lead arranger, and sole lender, has provided two medium-to-long-term credit lines for the benefit of BasicNet and TOW, respectively, and a revolving credit line for Woolrich Europe, totaling up to EUR90 million. These credit facilities are secured by personal guarantees from BasicNet and by pledges on the TOW and Woolrich Europe subsidiaries.

Woolrich Europe will continue to distribute the Woolrich brand throughout Europe.

BasicNet shares closed Monday up 2.6% at EUR7.02 per share.

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

Comments and questions to redazione@alliancenews.com

Stocks mentioned in the article

	Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
	BASICNET S.P.A.	7.260EUR	-0.14%	-4.72%	389M
	UNICREDIT S.P.A.	72.63EUR	+0.37%	+2.72%	131B

Latest news about BasicNet S.p.A.

01-13	BasicNet Acquires 50,000 Treasury Shares for Nearly EUR380,000	AN
01-07	BasicNet Continues Buyback with Purchase of 77,000 Own Shares	AN
12-23	BasicNet Acquires 66,000 Treasury Shares for Nearly EUR490,000	AN
12-16	BasicNet has acquired treasury shares worth nearly EUR800,000	AN
12-15	.BasicNet S.p.A. acquired Kickoff SpA from Winnie Srl	CI
12-09	BasicNet buys 57,000 treasury shares for over EUR397,000	AN
12-08	Bearish futures; Mib restarts from 43,400	AN
12-05	European stock markets in the red, DAX performing well; Mib at 43,400	AN
12-05	Basic Net completes acquisition of Woolrich Europe	RE
12-05	Mib heading for a bullish week; DiaSorin at the top	AN
12-05	Markets up; buy on Stellantis and Prysmian	AN
12-05	BasicNet announces acquisition of Sundek brand	RE
12-04	BasicNet Acquires Sundek Brand and 100% of Kickoff	AN
12-03	BasicNet S.p.A. entered into agreement to acquire Kickoff SpA from Winnie Srl for ?19.3 million.	CI
12-03	Mib in the green; Stellantis takes the lead	AN
12-03	Bullish Futures; Mib Rebounds from 43,300 Mark	AN
12-02	Mixed European markets, Mib above 43,350 points	AN
12-02	European Markets in Positive Territory, Mib Surpasses 43,500 Points	AN
12-01	BasicNet Finalizes Woolrich Acquisition for EUR40 Million	AN
11-25	Mib continues to fall; strength in Saipem and Leonardo	AN
11-25	Milan the only market down; Stellantis and Leonardo perform well	AN
11-25	Futures Point to Lower Open; Mib Rebounds from 42,200 Points	AN
11-24	European Markets Mixed; Mib Down on Dividend Payments	AN
11-24	BasicNet buys 43,000 treasury shares for EUR290,000	AN
11-17	BasicNet Acquires 42,000 Treasury Shares for Over EUR 300,000	AN

Chart BasicNet S.p.A.

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BAN: Dynamic Chart

Company Profile

Basic Net SpA is an Italy-based company engaged in the retail industry. Basic Net SpA is a parent of the BasicNet Group and together with its subsidiaries focuses on distribution and development of branded leisurewear, sportswear, footwear and accessories under various trademarks, including Kappa, Robe di Kappa, Jesus Jeans, K-Way, Superga, Briko, Sebago and Sabelt. The Group reports three segments: License and brand management, which involves the management of overseas licensees and sourcing centers by such Group companies as BasicNet S.p.A., Basic Properties B.V., among others; Proprietary licensee, which involves the direct management of the sales channels, both in terms of sales to retail and consumers, through BasicItalia S.p.A. (proprietary licensee) and its subsidiary BasicRetail S.r.l; and Property management, which involves the management of the building at Turin, Largo Maurizio Vitale 1.

Employees

1,158

Sector

Apparel & Accessories Retailers

Calendar

03-03 - Q4 2025 Earnings Release (Projected)

More about the company

Income Statement and Estimates

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