Antichi Pellettieri, the leather goods company that controls Baldinini, has increased its stake in Mosaicon to 41.6 percent from 36.0 percent through a capital increase. Mosaicon controls the handbag producers Francesco Biasia, Braccialini, Coccinelle and Mandarina Duck. The U.K. investment company 3i owns the remainder of the capital and could sell it by the end of April. A private equity house, Emerisque Brands, is said to be the front runner to take over the company in a deal that could value 3i's stake about €50 million.

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