Conbipel, the Italian fashion retailer that Grow Capital Global Holdings PTE and Invitalia acquired in 2022 from a receivership and restructuring process, received a direct lending facility of 15 million euros from Anthilia Capital Partners (see here a previous post by BeBeez). The loan will mature in June 2029 and received the Supportitalia warranty of SACE. PwC, LCA Studio Legale and Simmons & Simmons assisted Conbipel and Anthilia Capital Partners. The company will invest such proceeds in improving its marginality after having posted losses of 83.9 million.
Ibla Capital acquired Intermarp, an Italian producer of industrial components in rubber (see here a previous post by BeBeez). Chairman Holger Van den Heuvelsss sold the target which has sales of 9.8 million euros, an ebitda of minus 0.634 milion, a net financial debt of 2.4 million, and equity of 1.94 million. Ibla Capital is an investor in special situations and distressed assets that Alessandro Lo Savio created in 2015. In March 2020, Ibla raised 30 million and attracted the resources of a Swiss asset manager.