Aeffe’s crisis is entering a decisive phase, with Oxy Capital’s offer potentially reshaping the future of the group and the brands it controls. The consortium has submitted a preliminary proposal that opens the door to a possible change of ownership. The development comes as the company is engaged in a negotiated crisis procedure and requires fresh financing within the next few weeks. June is therefore becoming the key month in determining whether the restructuring process can truly take shape. October, meanwhile, will be the moment of truth for creditors, who will be asked to vote on the plan.
Oxy Capital’s offer
As highlighted by
ANSA, the interest shown by Oxy Capital — alongside a group of industrial and financial investors — represents the first concrete sign of a possible solution to Aeffe’s crisis. The proposal, still at a preliminary stage, envisages
the sale of almost the entire corporate perimeter to one or more entities within the consortium. According to initial assessments, the operation could guarantee operational continuity and
preserve the value of the brands, offering an orderly way out after months of financial strain. If the consortium confirms its interest, the offer will become binding during the first half of June, paving the way for the definition of the restructuring plan to be submitted to creditors by October. It is an extremely tight timetable, reflecting the urgency of the situation.
Critical deadlines
Alongside negotiations with Oxy Capital, Aeffe must secure extraordinary financing by June in order to stabilise liquidity and support ongoing operations. The company has stated that the details of the transaction will be defined in the coming days, but without an immediate injection of resources, the restructuring process risks stalling before it has even begun. The plan to be presented to creditors by October will therefore need to incorporate both the potential change of ownership and the financial measures required to carry the group through to the completion of the transaction, expected by the end of 2026.
Photo: Alberta Ferretti