MILAN, April 5 (Reuters) - High-end interior design
group Design Holding, which last year picked banks for a
possible market listing, said on Wednesday its pro-forma
revenues rose by 15.7% to 877 million euros ($960 million)in
2022, after the acquisition of Denmark's Designers Company.
Milan-based Design Holding, jointly controlled by private
equity firms Carlyle Group and Investindustrial, owns brands
such as B&B Italia, Flos and Louis Poulsen.
Design Holding's 2022 core earnings (EBITDA), including a 12
month contribution from Designers Company, rose to 211.8 million
euros from 190 million euros a year earlier.
Last year the group hired investment bank Lazard to work on
a possible listing, with Bank of America, JPMorgan, UBS and
UniCredit acting as global coordinators for an initial public
offering (IPO), two sources said.
($1 = 0.9132 euros)
(Reporting by Elisa Anzolin
Editing by Keith Weir)
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