VAY S.r.l. is an Italian excellence, now in its third entrepreneurial generation, which in 90 years of history has managed to maintain and consolidate its international leadership in premium fabrics for curtains and furnishings. The company today operates as a converter, with an innovative business model based on outsourcing non-core functions and focusing on critical success factors such as design, finishing services, product quality, logistics and customer service.

B4 Investimenti, through its fund B4 H III, has acquired a majority stake in VAY S.r.l., a historic Italian company founded in 1936 and recognized as one of the leading European converters in the curtains, decorative, and furnishing fabrics sector.

The investment was made in partnership with Giovanni Vaj - representing the third entrepreneurial generation of the family that gives the company its name - who, in continuity with VAY’s path of growth and ongoing innovation, will retain a significant shareholding. He will be joined by Olivier Delhomme, the new Chief Executive Officer and co-investor, a prominent figure in the international world of textile converters and editors, with over 30 years of experience in the industry.

This transaction marks the beginning of a new phase of growth, aimed at strengthening and consolidating VAY’s international position and enhancing its distinctive strengths: the design and quality of its collections, the speed and reliability of its service, and its ability to build long-term relationships with a global network of premium suppliers and a highly loyal, carefully selected international clientele - including textile editors, distributors, and high-end interior designers