Alto Partners invested in the high-quality socks brand Gallo

Fineurop Soditic acted as M&A advisor in the sale of a 70% stake of Gallo S.p.A. to Alto Partners S.G.R.

Company
Gallo S.p.A.
Transaction
Sector
Activity
Date
Country
Italy

Founded in 1927 and relocated in 1930 to its historic headquarters in Desenzano del Garda, Gallo specializes in the production of high-quality socks, having recently expanded into clothing and accessories.


In 1998, Giuseppe Colombo became CEO and creative director of the company: it was his vision to move from traditional sock models to those featuring various colors and patterns, giving the brand a strong and well-defined identity.


In 2024, Gallo recorded consolidated revenues of approximately Euro 30 million, with over 40 stores in Italy and France, accounting for 70% of total sales.
With this transaction, Alto Partners aims to support the brand’s international development while preserving its identity.

Giuseppe Colombo will retain the remaining 30% stake, as well as his role as chairman and creative director of the company.