EQUITA assisted Barbieri & Tarozzi Holding

EQUITA K Finance - Mid-market M&A advisory
B&T Holding
B&T Holding

Barbieri & Tarozzi Holding S.p.A. launched a Public Voluntary Tender Offer on all the outstanding shares of SITI B&T Group S.p.A.
At the end of the offer period, Barbieri & Tarozzi Holding S.p.A. successfully passed the 90% threshold necessary to complete the delisting of Siti B&T Group SpA reaching 93.0% of the company’s share capital.
Thanks to the positive conclusion of the Offer, Barbieri & Tarozzi Holding S.p.A. will proceed with a reorganisation of the Issuer, aimed at further strengthening the Group, an operation more easily achievable in the unlisted status.
Equita K Finance (Clairfield Italy), jointly with Equita SIM, acted as financial advisor to Barbieri & Tarozzi Holding S.p.A. in this transaction.

The transaction in a nutshell

2022 03 Tombstone BT Holding OPA Siti BT

At the end of the offer period, Barbieri & Tarozzi Holding S.p.A. successfully passed the 90% threshold necessary to complete the delisting of Siti B&T Group SpA

Client:
Barbieri & Tarozzi Holding Spa
Date:
March 2022
Mandate:
Barbieri & Tarozzi Holding S.p.A. ha lanciato un’Offerta Pubblica di Acquisto Volontaria su tutte le azioni in circolazione di SITI B&T Group S.p.A.
Role:
Advisory
Value:
Undisclosed
Typology:
M&A advisory
Advisor:
EQUITA Mid Cap Advisory

The company

Siti B&T Group is a leading supplier of technology and complete systems for the ceramic tile and sanitaryware industry worldwide, listed on the AIM Italia market (Ticker: SITI) and with a turnover of approximately 200 million euros.