By  on January 9, 2014

MILAN — Swiss independent asset management firm Da Vinci Invest AG has acquired Bruno Magli SpA from Fortelus Capital Management LLP and appointed Manfred Ebensberger as the brand’s new chief executive officer effective immediately.

This is a surprising twist as the British investment fund Fortelus Capital, which acquired Bruno Magli in 2007, said at the end of October it had entered into exclusive negotiations with a consortium of South Korean investors that included E-Land Group and Asian private equity investor CDIB Capital to sell the entirety of the storied Italian footwear brand.

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