Italian diversified food company Gruppo Ferrero said it will invest 3.1 billion US Dollars, 23 US Dollars per share in cash for acquiring and delisting cereals producer WK Kellogg from NYSE and close the deal in 2H25 (see here a previous post by BeBeez). Lazard, BofA Securities and Davis Polk & Wardwell assisted Ferrero for which Lapo Civiletti acts as ceo. Gary Pilnick is the chairman and ceo of WK Kellogg which retained Goldman Sachs, Morgan Stanley and Kirkland & Ellis. Ferrero has sales of 18.4 billion euros
Italian tech company and app developer Bending Spoons (BeS) retained JP Morgan and Willkie Farr & Gallagher for acquiring California’s MileIQ Inc. (see here a previous post by BeBeez). MileIQ provides self-employed and large companies with automatic mileage tracking services for deductions and expenses. Sources said to BeBeez that Silver Point (lead investor), Blackstone and other lenders supported BeS with 600 million worth secured facilities
Milan-listed Dexelance (fka Italian Design Brands), a firm of which Tamburi Investment Partners (TIP) holds a controlling stake through a club deal that Investindesign leads, said it acquired 65% of high-end furniture producer Mollura & C. (Mohd) from the Mollura Family (11%) that will retain a 35% and Made in Italy Fund (54%), a vehicle that Quadrivio Group and Pambianco Strategie d’Impresa manage (see here a previous post by BeBeez). Dexelance will pay 44.3 million for such a stake and signed a put option for 10% of the asset that the Mollura Family may exercise between the sixth and twelfth month following the date of closing and the same pro rata valuation. Quadrivio & Pambianco received assistance from Pedersoli Gattai and Ethica Group. The Mollura Family hired Carnelutti and Fivers Studio Legale e Tributario. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Made in Italy Fund and its portfolio companies. Find out here how to subscribe for one month or one year or Click here for booking a demo videocall with BeBeez database manager
TeamSystem, a portfolio company of Hellmann&Friedmann, HG Capital, Silver Lake Partners, ADIA, and Alphabet CapitalG (fka Google Capital), acquired ClicData, a French Data Analysys SaaS (see here a previous post by BeBeez). TeamSystem retained Herbert Smith Freehills Kramer and Ernst & Young. Telmo Silva and Hélène Clary founded ClicData in 2008. The target has sales of 3.4 million euros and received assistance from Rothschild, KPMG and DTMV Avocats. Federico Leproux is the ceo of TeamSystem. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Hellmann&Friedmann and its Italian portfolio companies. Find out here how to subscribe for one month or one year or Click here for booking a demo videocall with BeBeez database manager
Sources said to BeBeez that Bruxelles-listed Azelis Group, a food ingredients producer that belongs to EQT Partners, acquired Italian compeitor Azienda Chimica e Farmaceutica (ACEF) and its subsidiary Arda Natura (see here a previous post by BeBeez). Banca Investis and Gianni & Origoni assisted the vendors while PedersoliGattai advised Azelis. ACEF has sales of 88.6 million euros, an ebitda of 10.4 million and net cash of 22.7 million BeBeez Private Data, the private capital database of BeBeez and FSI, monitors EQT and its Italian portfolio companies. Find out here how to subscribe for one month or one year or Click here for booking a demo videocall with BeBeez database manager
Investcorp transferred the ownership of Italian cybersecurity firm HWG Sababa to a single-asset continuation fund of its own that raised 240 million euros (see here a previous post by BeBeez). HWG Sababa managers will have a relevant stak in the business that Investcorp delisted on 23 May 2023 from Milan market. Gilbert Kamieniecky is Investcorp Europe head of Private Equity. Roberta Vezzoli is a managing director of Investcorp. Enrico Orlandi and Alessio Aceti are the chairman and ceo of HWG Sababa. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Investcorp and its Italian portfolio companies. Find out here how to subscribe for one month or one year or Click here for booking a demo videocall with BeBeez database manager
Xenon Private Equity created Italian Ekofuture, a consultancy firm for health & safety and environment, out of the acquisition of the majority of TuttoAmbiente, Ecoricerche and TEA Consulting which have aggregate sales of 16 million euros (see here a previous post by BeBeez). The vendors Stefano Maglia (TuttoAmbiente), Roberto Bassissi (Ecoricerche), Marco La Calamita, Massimo Moi, and Daniele Vaghi (TeA Consulting) reinvested for a minority. Banco BPM financed the transaction and retained Deloitte Legal. Ekofuture hired Studio Legale LCA, Epyon Consulting, OC&C Strategy Consultants, Belluzzo International Partners, and Anthesis. Further sale advisors are BonelliErede, Mondaini Partners and Studio Professionisti Sassuolo. Michelangelo Mantero and Leonardo Bruzzichesi are Xenon’s managing directors. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Xenon and its portfolio companies. Find out here how to subscribe for one month or one year or Click here for booking a demo videocall with BeBeez database manager
Argotec, an Italian aerospace company born in 2008, aims to raise 75 million euros for supporting its growth, ceo David Avino said to BeBeez (see here a previous post by BeBeez). Argotec has a turnover of 35.4 million with an ebitda of 2.1 million.
Prosetex, part of Marzotto, and Imatex23, an asset of Rino Mastrotto, a high-end tannery maker that belongs to NB Reinassance since 2019 and that recently attracted the investment of Hong Kong-listed Italian fashion firm Prada, mergerd and created Jacqart – Trame d’Arredo, a producer of high-end fabrics (see here a previous post by BeBeez). The closing may take place in 3Q25, Rino Mastrotto will have 60% of Jacqart, while Marzotto will own 40%. Giorgio Meda will be the newco’s coo while Massimo Maestroni will act as ceo. Rino Mastrotto retained Deloitte and Studio Riccardi Salom Tedeschi.
Argos ST (Argos Surface Technologies), a portfolio company of Gradiente since 2020, acquired 70% of Italian competitor AG Technical from Marco Boiocchi (70%) and Paola Boiocchi (30%) (see here a previous post by BeBeez). The target has sales of 18.9 million euros, an ebitda of 2.9 million and a net financial debt of 5.7 million. Andrea Siano is the chairman of Argos ST which has a turnover in the region of 60 million BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Gradiente and its portfolio companies. Find out here how to subscribe for one month or one year or Click here for booking a demo videocall with BeBeez database manager
ICAM, an Italian producer of storage authomation that belongs to Aksìa Capital since 2023, acquired Italian competitor HPiLOG from Segno (see here a previous post by BeBeez). ICAM retained EY and Giliberti Triscornia e Associati. Cesare Frigerio is the co-founder of HPiLOG. Filippo Anichini is a partner of Aksìa. Roberto Bianco is the ceo of ICAM.
Wellness Holding, Nerio Alessandri‘s family office, investes in Dr.Feel, a provider of tailored healthcare services (see here a previous post by BeBeez). Legance assisted Wellness Holding.
Luxury Living Group (LLG), part of Haworth Lifestyle, acquired Fashion Furniture Design (FFD), the owner of Fendi Casa brand born in 2021 as a joint venture that Italian Fendi signed with Flos B&B Italia Group (fka Design Holding), an international platform that Investindustrial and Carlyle created in 2018 (see here a previous post by BeBeez). LLG received assistance from White & Case, Dentons advised Fendi. Flos B&B Italia and Design Quality Manufacturing retained Chiomenti.Ramon Ros is the CEO of Fendi. Andrea Gentilini is the CEO of Luxury Living Group. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Investindustrial and its portfolio companies. Find out here how to subscribe for one month or one year or Click here for booking a demo videocall with BeBeez database manager
Sources said to BeBeez that Italian private equity VAM Investments Group sold a 10% stake to Luca Spada who joined the firm’s board (see here a previous post by BeBeez). Marco Piana will keep a 90% of the fund. Nicolò Broggini, Beatrice Ballini and Luca Cuomo are further board members of VAM which by the end of 2025 reportedly aims to invest 500 million euros from current 430 million. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors VAM and its portfolio companies. Find out here how to subscribe for one month or one year or Click here for booking a demo videocall with BeBeez database manager
Holding Moda (HModa), a fashion platform company that belongs to Holding Industriale (a company of which Claudio Rovere has 75%) acquired 60% of Manrico Cachemire from Manrico Calzoni (see here a previous post by BeBeez). The company has sales of 9.2 million euros, an ebitda of 2.2 million and net debts of below 0.53 million.
Dutch Ryde, part of Belgium Alcopa’s Sapim, acquired the majority of Italian producer of bicycles components DRC from Monica Ranzato (40%), Gabriele Marinari (30%), Nerina Bragato (20%), and Giancarlo Ranzato (10%) (see here a previous post by BeBeez).Experta Audit, 110Advisory and Casa & Associati assisted Ryde. DRC retained Studio Bonaiti e Associati and Studio Corno. Amaury de Cordes is a managing director of Sapim.
Eurocoltellerie, an Italian producer of utensiles for the food sector that Algebris Investments acquired in December 2024, acquired Spain’s competitor Atenor (see here a previous post by BeBeez). Eurocoltellerie retained Pavia Ansaldo and DEA Spagna.Luca Valerio Camerano is a managing director of Algebris Investments. Antonio Ferraro is the ceo and co-founder of Eurocoltellerie.
Fondo Italiano Agri & Food (FIAF), part of Fondo Italiano d’Investimento, acquired 70% of Italian baked food producer Santangelo Group from the ceo Gianluigi Formichetti who will reinvest for a 30% (see here a previous post by BeBeez). Pavia e Ansaldo, EY, GEA, ERM, and De Besi – Di Giacomo assisted FIAF. Santangelo Group retained KPMG Advisory, WST Law & Tax Firm and Lorella Proietti. FIAF will support Santangelo for its M&A growth. Marco Pellegrino is a senior partner of Fondo Italiano d’Investimento.
