No Result
View All Result
  • Private Data
  • Membership options
  • Login
  • COUNTRY
    • ITALY
    • IBERIA
    • FRANCE
    • UK&IRELAND
    • BENELUX
    • DACH
    • SCANDINAVIA&BALTICS
  • PRIVATE EQUITY
  • VENTURE CAPITAL
  • PRIVATE DEBT
  • DISTRESSED ASSETS
  • REAL ESTATE
  • FINTECH
  • GREEN
  • PREMIUM
    • ItaHubHOT
      • ItaHub Legal
      • ItaHub Tax
      • ItaHub Trend
    • REPORT
    • INSIGHT VIEW
Subscribe
  • COUNTRY
    • ITALY
    • IBERIA
    • FRANCE
    • UK&IRELAND
    • BENELUX
    • DACH
    • SCANDINAVIA&BALTICS
  • PRIVATE EQUITY
  • VENTURE CAPITAL
  • PRIVATE DEBT
  • DISTRESSED ASSETS
  • REAL ESTATE
  • FINTECH
  • GREEN
  • PREMIUM
    • ItaHubHOT
      • ItaHub Legal
      • ItaHub Tax
      • ItaHub Trend
    • REPORT
    • INSIGHT VIEW
Home COUNTRY ITALY

Italy’s private equity weekly roundup. News from Ita Airways, Tim, Ion Investments, Sampdoria, Egger and more

BebeezbyBebeez
January 6, 2023
Reading Time: 4 mins read
in ITALY, PRIVATE EQUITY, REAL ESTATE

Foto Ufficio Stampa ITA/LaPresse 21 aprile 2022 Roma, Italia cronaca ITA Airways, il primo volo dell’Airbus A350 con livrea azzurraNella foto: Il nuovo A350-900 di ITA Airways con livrea azzurra ha effettuato il primo volo di provaDISTRIBUTION FREE OF CHARGE - NOT FOR SALE

Share on FacebookShare on Twitter

The Italian Government would sell Ita Airways to a trade buyer like Lufthansa (See here a previous post by BeBeez). The german airline should table an expression of interest ahead of signing a memorandum of understanding with the Italian Government. Ita is of reported interest to Lufthansa-MSC and Certares – Air France-KLM – Delta Airlines.

On 4 January, Wednesday, Milan-listed TIM’s shares closed at 0,2314 euros per share (+3.77%) as according to market rumours Cassa Depositi e Prestiti and Macquarie could table a non-binding bid for Netco, the landline infrastructure network, on 20 January, Friday (See here a previous post by BeBeez). The offer could be in the region of 18 billion euros.

ION Investments, a global financial services firm that Andrea Pignataro founded, is keen on Prelios, a real estate investor with aum of 40 billion euros (See here a previous post by BeBeez). ION is holding talks with JPMorgan and other banks for receiving financial support. Since May 2018, Prelios belongs to Davidson Kempner Capital Management (DK) which retained Goldman Sachs as advisor for selling the business for 1.4 billion euros. However, Pignataro is willing to pay 750 million. DK could sell Prelios for one billion. The target reportedly attracted the interest of Kryalos, doValue, Dea Capital, Intrum, Tinexta, and Banca Progetto.

Sampdoria could carry on a capital increase by 2 February, Thursday (See here a previous post by BeBeez). Massimo Ferrero, the former chairman of the team, is reportedly working on raising resources for a recap. The team also attracted the interest of Merlyn Partners that retained Lazard as advisor. Sources said to BeBeez that Ferrero is holding talks with Banca Sistema for renew factoring facilities.

Egger, an Austrian producer of wood components that belongs to Michael and Fritz Egger, acquired 60% of Italian competitor Saib (Società Agglomerati Industriali Bosi) from the Rinaldi-Conti Family (See here a previous post by BeBeez). Egger could raise its stake. Saib has sales of 141 million euros, an ebitda of 15.1 million and a net financial debt of 50.5 million.

Paglieri, an Italian manufacturer of personal and home care products, said it paid 10 million euros for acquiring Agopag, a packaging producer (See here a previous post by BeBeez). Massimo Dogliolo (40%), Luca Repetti (20%), Vilmo Repetti (20%), Giancarlo Agostini (10%), Andrea Agostini (5%), and Paola Agostini (5%) sold the asset. Paglieri retained as advisors Delfino e Associati Willkie Farr & Gallagher (legal) and KPMG. Agopag hired Studio Zaio, Maino, Caselli and Studio Piccinini. Agopag has revenues of 11.2 million euros, an ebitda of 1.7 million and a net financial debt of one million.

Milan-listed BF sold further stakes of Italian agricoltural company Bonifiche Ferraresi and fetched 34.2 million euros with a capital gain of 11.4 million (See here a previous post by BeBeez). BF sold a 5% to ENI Natural Energies for 20 million; a 3% to CVA for 12 million and a 0.5% to Fondazione Banca del Monte di Lombardia for 2.2 million.

Unidata, a Milan-listed TMT, and Azimut Libera Impresa’s Fondo IPC, a vehicle for investing in social infrastructures, signed a binding agreement for building a system of submarine optic fibers in the Tirrenium sea (See here a previous post by BeBeez). The firms carried on the transaction through HoldCo, of which Fondo IPC has 66.67% and Unidata 33.33%. The investment is worth 80 million euros (36 million in equity and 44 million).

Axpo Italia and Canarbino acquired a controlling stake of an unit of Metan Alpi Sestriere, through the jv Energia Pulita (See here a previous post by BeBeez). The target provides utility services in the North of Italy. Metan Alpi Sestriere has sales of 6.2 million euros, an ebitda of minus 35,000 euros and 1.9 million of net cash, while equity amounts to 40.5 million. The target belongs to Andrea Chiaves (60%), Anna Angiola Chiaves (20%) and Claudio Chiaves (20%).

HIG Capital signed an agreement for acquiring a controlling stake for luxury cosmetics producer LL Pinalli Investment, the owner of the brands Pinalli, Retail Evolution, HQ Solution, and PEB (See here a previous post by BeBeez). The Italian antitrust authority will deliberate by 9 January, Monday, for such an acquisition. LL Pinalli Investment also has interests in Quadrifoglio (20%), Pinalli Beauty Experience (40%), Pinalli & Benessere (40%), GI.LE.MA. (30%), and Pinalli Natural Touch (4%). The holding has sales of 100 million euros, an ebitda of 11.7 million and net cash of 4.8 million.

Gateways to Italy

36Brains – Considering Cross-Border M&A? We stand as your partner for ESG, Reputational and Supply Chain Due Diligence

36Brains – Considering Cross-Border M&A? We stand as your partner for ESG, Reputational and Supply Chain Due Diligence

by Partner
November 9, 2023

La Scala Law Firm – Innovative Services for Banking, Finance and Corporates

La Scala Law Firm – Innovative Services for Banking, Finance and Corporates

by Partner
October 31, 2023

Di Luccia & Partners Executive Search – Senior Management for Private Capital Funds’ participated companies

Di Luccia & Partners Executive Search – Senior Management for Private Capital Funds’ participated companies

by Partner
September 1, 2023

Sign up to our newsletter

SIGN UP

Related Posts

GREEN

Stonepeak Completes Acquisition of 49% Interest in Cellnex Nordics

November 30, 2023
DACH

Scantox acquires QPS Austria’s Neuropharmacology Division

November 30, 2023
PRIVATE EQUITY

NomuPay accelerates growth through acquisition of Total Processing

November 30, 2023

ItaHub

Italy’s Supreme Court confirms: For the reimbursement of dividend tax paid by an Italian subsidiary to its UE-based parent no demonstration of actual payment is required

Italy’s Supreme Court confirms: For the reimbursement of dividend tax paid by an Italian subsidiary to its UE-based parent no demonstration of actual payment is required

October 31, 2023
Anti-money laundering, the system for reporting data and information on beneficial ownership in Italy is up and running

Anti-money laundering, the system for reporting data and information on beneficial ownership in Italy is up and running

October 27, 2023
Single Special Economic Zone, here are all details to catch new investment opportunities in Southern Italy

Single Special Economic Zone, here are all details to catch new investment opportunities in Southern Italy

October 9, 2023
Impaired loans, Valentini, Italy’s Deputy Minister of Enterprise and Made in Italy, at Banca Ifis event reassures: we have a market that works, we don’t want to upset it

Impaired loans, Valentini, Italy’s Deputy Minister of Enterprise and Made in Italy, at Banca Ifis event reassures: we have a market that works, we don’t want to upset it

September 25, 2023

Co-sponsor

Premium

Venture capital investments on Italian-driven startups and scaleups rise to just over 1 bn euros in 10 months. But this is still a long way from the over 2.5 bln figure in 2022

Venture capital investments on Italian-driven startups and scaleups rise to just over 1 bn euros in 10 months. But this is still a long way from the over 2.5 bln figure in 2022

November 13, 2023
Italy’s Supreme Court confirms: For the reimbursement of dividend tax paid by an Italian subsidiary to its UE-based parent no demonstration of actual payment is required

Italy’s Supreme Court confirms: For the reimbursement of dividend tax paid by an Italian subsidiary to its UE-based parent no demonstration of actual payment is required

October 31, 2023
Anti-money laundering, the system for reporting data and information on beneficial ownership in Italy is up and running

Anti-money laundering, the system for reporting data and information on beneficial ownership in Italy is up and running

October 27, 2023
Money super-expensive? No worries, private equity firms say

Money super-expensive? No worries, private equity firms say

October 9, 2023
Next Post

Italy’s real estate weekly roundup. News from Generali Europe Income Holding, Domnus, Virtus and more

Italy's angels&incubators and venture capital weekly roundup. News from Stellantis, Iride Acque, Banca Valsabbina, Endeavor Italia and more.

EdiBeez srl

C.so Italia 22 - 20122 - Milano
C.F. | P.IVA 09375120962
Aut. Trib. Milano n. 102
del 3 aprile 2013

COUNTRY

Italy
Iberia
France
UK&Ireland
Benelux
DACH
Scandinavia&Baltics

CATEGORY

Private Equity
Venture Capital
Private Debt
Distressed Assets
Real Estate
Fintech
Green

PREMIUM

ItaHUB
Legal
Tax
Trend
Report
Insight view

WHO WE ARE

About Us
Media Partnerships
Contact

INFORMATION

Privacy Policy
Terms&Conditions
Cookie Police
No Result
View All Result
  • COUNTRY
    • ITALY
    • IBERIA
    • FRANCE
    • UK&IRELAND
    • BENELUX
    • DACH
    • SCANDINAVIA&BALTICS
  • PRIVATE EQUITY
  • VENTURE CAPITAL
  • PRIVATE DEBT
  • DISTRESSED ASSETS
  • REAL ESTATE
  • FINTECH
  • GREEN
  • PREMIUM
    • ItaHub
      • ItaHub Legal
      • ItaHub Tax
      • ItaHub Trend
    • REPORT
    • INSIGHT VIEW
Subscribe
  • Login
  • Cart

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In