Private equity operators are moving around Ferroli, a leading heating systems maker based in Verona e controlled by the Ferroli family, Il Sole 24 Ore, wrote in the last few days.
Advisor Mediobanca has been looking for potential investors for a while and recentely admitted at exclusive talks Italy’s Oxy Capital led by former McKinsey partner Stefano Visalli.
Oxy is said to work on the deal with UK turnaround specialist Attestor Capital who should invest the cash necessary to relaunch Ferroli and restructure its 350 million euros debt (senior lenders are Intesa Sanpaolo, Unicredit and Banco Popolare).
