La Doria, an Italian food company that since 2021 belongs to Investindustrial (65%) and the Ferraioli Family (35%), increased by a further 125 million euros the issuance of a bond maturing in 2029 with a 4M Euribor + 450 bps coupon that earlier in May placed for 525 million (see here a previous post by BeBeez). La Doria received assistance from Chiomenti, Paul, Weiss, Rifkind, Wharton & Garrison, Deutsche Bank, IMI—Intesa Sanpaolo, BNP Paribas, Crédit Agricole CIB, JP Morgan, Goldman Sachs International, UBS Investment Bank, and UniCredit. The babks retained Latham & Watkins.
VMC Mottini, an Italian packaging company, attracted a 15 million euros financing facility from Finlombarda with the warranty of SACE (see here a previous post by BeBeez). VMC is part of Gruppo Decorluxe, a packaging pole that Ethica Group‘s club deal vehicle Ethica Global Investments launched in 2023. The company will invest such proceeds in its organic growth. Andrea Mascetti is the chairma of Finlombarda.
Program di Autonoleggio Fiorentino, a car rental firms, signed a 1.5 million euros confirming contract with SACE and the warranty Garanzia Futuro (see here a previous post by BeBeez). Grimaldi Alliance acted as legal advisor. Program di Autonoleggio is part of UK’s Salford Van Hire, a company that belongs to the Bacci Family. Program has sales of 39.2 million, an ebitda of 20.7 million and a net financial debt in the region of 5 million. The company will invest such proceeds in support of its working capital.
Ancorotti Group, an Italian thrid-parties producer of cosmetics that belongs to L-GAM since June 2021, received a 10 million euros financing facility from Intesa SanPaolo with the warranty of SACE (see here a previous post by BeBeez). Ancorotti will invest such proceeds in the activity of Ancorotti Perfumes, a business line of which the parent company has 70% and EuroItalia a 30%. EuroItalia belongs to the chairman Giovanni Sgariboldi and has sales of 845 million with an ebitda of 216 million and net cash of above 630 million. Ancorotti’s shareholders are L-Gam (59.81%), Renato Ancorotti, Enrica Ancorotti, and the ceo Roberto Bottino.
Ambrogio Trasporti issued a 10 million euros minibond of seven years with the warranty of SACE Green that UniCredit subscribed (see here a previous post by BeBeez). The company will invest such proceeds in the consolidation of its railway terminals in Domegliara (Verona), Gallarate (Varese) and Candiolo (Torino). Ambrogio has sales of 97.6 million, an ebitda of 2.8 million and a net financial debt of 21 million). Livio Ambrogio is the company’s chairman.
