EQUITA assisted DMM

K Finance - Mid-market M&A advisory
DMM 1920x1080
DMM 1920x1080

DMM has sold its ICT product transportation business to a wholly owned subsidiary of courier company Sogetras. The sale was conducted through bankruptcy proceedings.

After four years of sharply declining revenues, DDM was entering bankruptcy proceedings when the shareholders decided to sell the company to a competitor. Despite the financial situation, DMM's business offered an attractive customer base of ICT product giants.

The transaction in a nutshell

2012 07 Tombstone DMM Sogetras

The sale was conducted through bankruptcy proceedings.

Client:
DMM
Date:
July 2012
Mandate:
DMM has sold its ICT product transportation business to a wholly owned subsidiary of courier company Sogetras.
Role:
Financial Advisor
Value:
Undisclosed
Team:
M&A advisory
Advisor:
EQUITA Mid Cap Advisory

The company

DMM is a family-owned business operating in the transportation sector. It specializes in ICT products such as mobile and smart phones, computers, printers, and other devices. It is also the preferred partner of an Italian leader in the gambling industry (slot machines and video poker).

Sogegroup is active in document transportation in Italy.