EQUITA assisted SALICE

K Finance - Mid-market M&A advisory
Salice
SALICE

Gruppo Salice has acquired a minority stake (40%) of Bortoluzzi Sistemi.

Salice Group had K Finance (www.kfinance.com) as financial advisor and Studio Marena, Castorino, D´Angelo & Fagotto of Milan (www.mcdf.it) as legal advisor. Bortoluzzi Sistemi had BZM as financial advisor (www.bzm-advisory.com) and Studio Spinazzi, Azzarita, Troi of Padua as legal advisor (www.studio-sat.it).

The deal will allow Salice to integrate its product range with the high-quality solutions offered by Bortoluzzi Sistemi.

The transaction in a nutshell

2010 10 Tombstone Salice Bortoluzzi

The deal will allow Salice to integrate its product range with the high-quality solutions offered by Bortoluzzi Sistemi

Client:
SALICE
Date:
October 2010
Mandate:
Acquisition of Bortoluzzi Sistemi by SALICE
Role:
Financial Advisory
Value:
Undisclosed
Team:
M&A advisory
Advisor:
EQUITA Mid Cap Advisory

The company

Gruppo Salice (www.salice.com), based near Como (Italy), is a world leader in the designing and production of automatic concealed furniture hinges. The group has 430 employees, a 2010 forecast turnover of Euro 80 million with an Ebitda exceeding 20%. Export counts for 75% and covers 65 countries.

Bortoluzzi Sistemi (www.bortoluzzi.com), based in Belluno (Italy) manufactures solutions for closing and sliding furnishing elements. Forecast 2010 turnover is Euro 10 million with an Ebitda of about 20%.