By  on March 24, 2013

MILAN — Valextra SpA has a new partner that will help expand the brand and launch an initial public offering down the road. The Italian luxury accessories company said Friday that London-based investment firm NEO Capital has taken a stake in Valextra through a capital increase. Financial details of the transaction were not disclosed.

This story first appeared in the March 25, 2013 issue of WWD. Subscribe Today.

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