BasicNet Group announces today, November 12th 2025, that it has reached an agreement to acquire Woolrich^® from L-Gam, an investment fund established in 2013. The transaction involves the acquisition of the rights to the Woolrich^® brand for Europe and 100% of Woolrich Europe S.p.A., the company managing its distribution and retail activities for a total Enterprise Value of €90 million. The consideration, amounting to €40 million, will be paid for €12 million through the transfer of 1,200,000  BasicNet ordinary shares at a value of €10 each, and for the remaining €28 million in cash, primarily intended to unwind operations excluded from the scope of the transaction.