The current owners of Pronovias company have initiated the sale process. Bain Capital and MV Credit, shareholders in the bridal fashion since the debt conversion they carried out two years ago following the exit of BC Partners , have put the firm up for sale amid several years of losses and capital injections intended to avert insolvency, as reported by El Confidencial.

The move comes six months after both funds undertook a €193 million reduction in the share capital of Catiberia Acquisition Holdco , the holding company that consolidates all of Pronovias' business. This followed a €211 million injection in 2023 to reduce debt and restore equity, enabling accumulated losses to be offset and bolstering corporate stability.

On the financial front, the group posted turnover of around

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