KPMG works on Van Gogh notebooks
Italian company making famous notebooks goes up for sale, with KPMG preparing the offer
KPMG is working on a sale of an Italian notebook company whose notebooks have
been used by Vincent Van Gogh, Henri Matisse and Ernest Hemingway.
The company, Modo & Modo, makes The Moleskine, named after its oilcloth
cover, 4.5 million of which were sold last year across the world.
The company itself was set up in 1998, with the original notebooks having
been made by a French company that went bankrupt in 1986, The Daily
Telegraph indicated. The company had a turnover of 12.7m euros (£9.1m) last
year with profits of more than 2m euros.