Czech investment group SPM has acquired Czech men's fashion manufacturer FERATT.

The Czech premium men's fashion brand FERATT is now owned by the investment group SPM. FERATT operates an e-shop and in 33 years of operation has created a network of 15 stores across the Czech Republic, serving 200,000 customers annually and generating sales of 8 million euro and profits of 1.1 million euro. SPM aims to support the fashion segment with the acquisition. Until now, fashion was led by a partnership with a 65% stake in DaniDarx, operator of the Trenýrkárna.cz e-shop who also bought the Pietro Filipi brand last year.

Apart from fashion, SPM invests in media, agriculture, technology, real estate and other funds with combined net assets of over 400 million euro.