Financial sponsors keep robust their activities and look at traditional sectors of Italian industrial production, but also cross the Ocean for investing in US businesses.
Marval, an Italian producer of automotive components for top tier industrial players in which Mandarin Capital Partners holds a 27% stake, hired Milan’s GCA Altium for auctioning the business (see here a previous post by BeBeez). Financial firms Stirling Square and Sun Capital, and a trade buyer are in the final stage of the process.
Centria, part of energy company Estra, acquired the gaz distribution services for several municipalities of the South of Italy from 2i Rete Gas