EQUITA assisted EDIF S.p.A

K Finance - Mid-market M&A advisory
EDIF Spa 1920x1080
EDIF Spa 1920x1080

Sonepar Italia S.p.A has taken over the Puglia business unit of EDIF S.p.A.

The transaction is part of the growth strategy launched by Sonepar Italia in the south of Italy where it currently has 24 outlets, 4 of which are in Puglia. At the same time, the exit from Puglia allows EDIF to focus on the remaining Adriatic areas by pursuing the path of operational rationalization initiated in recent years by the company's management.

In this transaction, the shareholders of EDIF S.p.A. were assisted by K Finance (Clairfield Italy) and, for the legal part, by Studio Russo De Rosa Associati.

The transaction in a nutshell

2018 06 Tombstone Edif

The deal is part of the growth strategy launched by Sonepar Italy in the south of Italy where it currently has 24 outlets, four of which are in Puglia.

Client:
EDIF S.p.A.
Date:
June 2018
Mandate:
Sonepar Italia S.p.A. has acquired the Puglia business unit of EDIF S.p.A.
Role:
Financial Advisor
Value:
Undisclosed
Typology:
M&A advisory
Advisor:
EQUITA Mid Cap Advisory

The company

Sonepar Italia S.p.A., a leading distributor of electrical equipment in Italy (100 outlets, 1,400 employees and Euro 570 million turnover), controlled by the French multinational Sonepar.

EDIF S.p.A., headquartered in Corridonia (Macerata), has been active for more than 30 years in the electrical material distribution market along the Adriatic ridge with 27 outlets and 2 logistic poles distributed in Emilia Romagna, Marche, Umbria, Abruzzo, Molise and Puglia, with a turnover of more than Euro 20 million in 2017.