"Through this acquisition, Lifestyle Design carries on its commitment to join in federation the best product and distribution businesses operating in the high-end furniture industry", Lifestyle Design CEO Dario Rinero said.įounded in 1933 in a furniture district north of Milan, Interni is still led by the Cazzaniga family.ĬEO Stefano Cazzaniga, who took over in 2019 from his father Giuseppe, will report to Rinero. ![]() The remaining 30% is owned by the Cazzaniga family.įinancial details of the transaction were not disclosed. They have a reputation for high quality design and are committed to the creation of interiors that are timeless and appropriate. Progressio, which specializes in investing in Italian small- and medium-sized enterprises, bought a 70% stake in Interni in 2019. Interni is an interior design and interior architecture practice based in Sydney with projects across residential, retail and commercial sectors. ![]() Interni, which operates through 13 stores in Italy and the UK, is expected to report revenues of 40 million euros in 2021, a statement said. The Lifestyle Design from Haworth, which ranks 7th in the FDMC 300, controls Italian furniture brands such as Poltrona Frau, Cappellini and Cassina as well as Ceccotti, DZine, Karakter, JANUS et Cie, Luminaire e Luxury Living. said its Italian unit Lifestyle Design had signed an agreement with Progressio SGR to buy the private equity firm's majority stake in Italian high-end interior design group Interni.
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