EQUITA assisted Aksia Group

K Finance - Mid-market M&A advisory
AKSIA   Jolly 1920x1080
AKSIA   Jolly 1920x1080

Minerva-Robusto, a Swiss manufacturer of military shoes, has acquired Jolly Scarpe S.p.A., an Italian manufacturer of technical footwear for operators of the armed forces, police and firefighters, from the private equity fund Aksia Group.

The private equity fund Aksia Group was assisted by K Finance, a partner of Clairfield International, while the law firm Accinni, Cartolano e Associati handled the legal aspects and all contractual matters.

The transaction in a nutshell

2016 09 Tombstone JollyScarpe Minerva Robusto

Aksia Group is a platform for the growth of "Italian excellence": small and medium-sized enterprises that are already leaders in their market niches.

Aksia Group
September 2016
Minerva-Robusto has acquired Jolly Scarpe S.p.A. from the private equity fund Aksia Group
Financial Advisor
M&A advisory
EQUITA Mid Cap Advisory

The company

Aksia Group is an experienced investor alongside family businesses or those led by a small pool of managers and entrepreneurs who can manage the generational transition and new growth phases, ensuring business continuity.

Jolly Scarpe is based in Montebelluna (TV), Italy, and has about 19 employees. Founded in 1982, Jolly Scarpe is among Europe's leading suppliers of technical footwear for armed forces, police and firefighters. It had a turnover of about 12 million euros in 2015.

Minerva-Robusto was founded in 1897 and has been exclusively producing and distributing military shoes in Switzerland and Germany since 2008. With production in Switzerland and Romania, the company sells an average of 100,000 pairs of shoes a year.