Caffitaly System, an Italian producer of coffee machines that belongs to Alpha Group (51%) and Belgium’s CNP-Compagnie Nationale à Portefeuille (49%) is holding talks for restructuring its debt (see here a previous post by BeBeez). Alpha and CNP are mulling for inject 40 million euros in the company, while BNP Paribas, Polus Capital Management and the other lenders could convert in equity or quasi-equity their 150 million exposure. Caffitaly has sales of 145.6 million, an ebitda of 16.5 million, losses of 4.1 million, and equity of 240.4 million.
Msc’s acquisition of 49% troubled Italian shipping company Moby for 150 million euros raised antitrust issues (see here a previous post by BeBeez). Moby is in receivership since 2023. Agcm, the Italian competition authority, started an investigation on the transaction.Vincenzo Onorato and Achille Onorato have 51% of Moby
J-Invest, an Italian investor in distressed assets and NPEs, aims to have 10 billion euros of aum by 2028 from current 4 billion, ceo Michele Zorzi said to BeBeez (see here a previous post by BeBeez). The company may sell a 15-20% equity stake to an institutional investor, the manager explained. J-Invest receently carried on a securitization of 60 million worth NPLs, UTP and Stage2 while it’s working on a further 40 million deal.
