MILAN — Cerruti parent Fin.part has parted with one of its brands in a move to lower its debt and finally have its accounts certified.

The firm sold Maska last week for $30.3 million to a group of private investors including Maska’s current chief executive officer Gianni Trevisan. Dollar figures have been converted from the euro at the current exchange rate. In local currency, the price was 26.1 million euros.

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