Spanish design group Kettal has acquired a majority stake in Italian furniture brand Driade, marking a strategic move to strengthen the brand's international presence and accelerate its development.
The transaction, completed with advisory support from RSM, forms part of a broader plan launched earlier this year between Kettal and Nemo Group. While Kettal takes a controlling position, Nemo Group, through Italian Creation Group, will remain a minority shareholder, ensuring continuity with Driade's heritage and design identity.
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Founded in 1968, Driade is known for its experimental approach to furniture and its strong connection to Italian design culture. Under the new ownership structure, the company will retain its headquarters and operations in Italy, reinforcing its roots while benefiting from Kettal's global network and industrial expertise.
The acquisition is positioned as more than a financial transaction, representing a cross-border collaboration grounded in shared values of creativity, craftsmanship and innovation. The partnership aims to expand Driade's footprint in international markets, support new product development and enhance its competitive positioning globally.
RSM provided integrated advisory services across legal, tax, labour and financial aspects of the deal, with teams in Italy and Spain working together on due diligence and transaction execution.
With this move, Kettal continues to expand its presence in the design and lifestyle sector, while Driade enters a new phase focused on growth and global relevance.
More information:
RSM
www.rsm.global
