EQUITA assisted Vetriceramici

K Finance - Mid-market M&A advisory
Vetriceramici
Vetriceramici

K Finance announces the restructuring of the financial debt of Vetriceramici Spa towards MPS Capital Services Banca per le Imprese Spa and Efibanca Spa for a total amount of EUR 22 millions.

The financial debt comes from the credit given by the two banks for the financing of the buying deal completed in 2006. Vetriceramici is controlled by Star Bridge Fund, majority shareholder, and by the two founders Sergio Zannoni and Gianfranco Padovani, President and Vice-President. Its headquarters are near Ravenna.

K Finance debt advisory team have been Giuseppe R. Grasso, Mauro Gambaro and Andrea Bianchini. Legal advisory to Vetriceramici has been performed by Alberto Calvi, founding partner of Avvocatidiimpresa,  a law firm specialized in investment deals and corporate finance. The law firm GHDP has legally advised the two banks.

The transaction in a nutshell

2010 12 Tombstone Vetriceramici debt

The transaction´s structuring will allow Vetriceramici to support the expansion program already underway

Client:
Vetriceramici Spa
Date:
December 2010
Mandate:
Vetriceramici - debt restructuring
Role:
Financial Advisory
Value:
€ 22 m
Team:
M&A advisory
Advisor:
EQUITA Mid Cap Advisory

The company

Vetriceramici is a leader in research, production and marketing of all semi-finished products needed to enhance the appearance of glazed porcelain stoneware. The company, that in 2009 had a decrease in the turnover due to the international financial crisis, will close 2010 with an increase of 30% on 2009 turnover and without any financial debt in the short term.