Koinos Capital: first add-on for Tre Zeta Group with the acquisition of Stil Stampi historical manufacturer of molds for luxury footwear and sneakers

Koinos Capital: first add-on for Tre Zeta Group with the acquisition of Stil Stampi historical manufacturer of molds for luxury footwear and sneakers

Koinos Capital SGR carries out the first add-on for Tre Zeta Group, leader in the production of luxury soles for sneakers and elegant footwear. The company based in San Miniato (PI) acquires 100% of Stil Stampi S.r.l. from the shareholders Luca Longhin, Stefano and Roberto Vettorato, who will continue to hold key positions within the Group.

“Stil Stampi is the first step of the industrial aggregation project, which we immediately shared with entrepreneurs” says Marco Morgese, co-founder of Koinos Capital “by the end of the year we expect to complete further acquisitions that will lead the Group to close 2022 with a turnover of over 70 million euros, up 75% compared to 2021. The aggregation path will continue next year. Our goal is to close 2023 with a turnover of more than 100 million euros, positioning Tre Zeta as the main operator in the sector.”

“I am enthusiastic about this first step towards the realization of the industrial project defined with Koinos” says Stefano Panicucci, founder of Tre Zeta Group “we want to ensure that Tre Zeta can guarantee its customers an integrated 360° offer, including not only TPU and leather, but also EVA and polyurethane, as well as special processes.”

“In a market context where the service offered to brands is king, it becomes key for a subcontractor to be able to guarantee excellent products by minimizing delivery times and offering pro-active development in the prototyping and industrialization phases” explains Fabrizio Mecheri, new Group CEO, previously Shoes Director of Valentino “after the entry of Koinos and the inauguration of a new plant entirely dedicated to the sneaker segment equipped with cutting-edge systems and a fully integrated industrial waste recycling system, with this first acquisition, the Group aims to consolidate the relationship with its customers by internalizing one of the most critical phases of the entire production cycle.”

Stil Stampi S.r.l., based in Arzergrande (PD), less than twenty kilometers from the Veneto HQ of Tre Zeta Group and a long tradition in the world of footwear, is the main supplier of molds for the Group with which it has been collaborating for over twenty years.

The luxury fashion sector is confirmed as one of the most resilient industries on the market. Despite the slowdown in the Asian continent, caused in particular by the continuation of Covid-19 restrictions in China, there is a positive trend in spending in Europe, with an increase of over 50% compared to 2019 levels driven by the recovery of tourist flows.

Today, the Italian luxury supply chain, historically very fragmented, is facing a great challenge. The big fashion houses increasingly need  to interact with advanced and reliable suppliers with whom to plan strategies and growth. It therefore becomes essential for a manufacturer to equip itself with the organizational resources necessary to meet customer requests.

After years of acquisitions of major brands, today, thanks to the combination of private equity and entrepreneurs, an important consolidation process is underway along the production chain. From outerwear to footwear, through accessories and small metal parts, small companies of excellence, under the guidance of private equity funds, are joining forces to respond to the new challenges of the market.

1244 794 Koinos Capital

Marco Morgese

CEO & Founding Partner

Professional Experience
Koinos Capital, CEO & Founding Partner | Milan, from 2020
Consilium, Senior Partner | Milan, 2007-2020
Booz Allen Hamilton, Senior Associate | Milan, 1999-2007
Goldman Sachs | Milan, 2002 

IESE Business School, Master of Business Administration | Barcelona
Università Bocconi, Bachelor in Business Administration | Milan