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Diego Della Valle's New Investment

The Tod's chief has gotten a foot in the door of yet another major Italian institution, the giant Italy-based banking organization UniCredit.

DELLA VALLE’S NEW INVESTMENT: With an investment of 50 million euros, or $64.4 million, Diego Della Valle has gotten a foot in the door of yet another major Italian institution, the giant Italy-based banking organization UniCredit. The investment in a 0.26 percent stake of the group was made by Della Valle through his personal vehicle Di.Vi., which also controls the Tod’s group. Other fashion entrepreneurs, such as Max Mara’s Maramotti family and Luxottica’s Leonardo Del Vecchio, are UniCredit shareholders.

Della Valle’s multipronged investments include shares in Saks Inc.; publishing house RCS Mediagroup, which owns one of Italy’s main dailies, the Corriere della Sera; high-speed train service NTV; Italy’s main energy provider Enel, and Cinecittà Entertainment.