November 2017

has acquired from the Zanatta Family a qualified minority stake in

5_Italmobiliare S.p.A.

Consumer, Retail & Food
Buyside Advisor
November 2017
Client Profile
Italmobiliare S.p.A. is an investment holding company, controlled by the Pesenti Family, listed on the Milan Stock Exchange with a market capitalization equal to c. Euro 1.1 billion as of November 2017, which owns and manages a diversified portfolio of company investments
Houlihan Lokey’s Role
Leonardo & Co., in association with Houlihan Lokey, acted as sole financial advisor to Italmobiliare S.p.A. in the context of the acquisition of a quialified minority stake in Tecnica Group
Transaction Snapshot
On November 22nd, 2017 Italmobiliare has acquired a qualified minority stake in the Tecnica Group from the Zanatta Family.

Tecnica S.p.A. controlled by Zanatta Family, is the Italian leading manufacturer of outdoor footwear and ski equipment, with a brand portfolio including key iconic names: Tecnica (ski boots and footwear), Nordica (skis and boots), Moon Boot (footwear), Lowa (trekking shoes), Blizzard (skis) and Rollerblade (inline skates).

The transaction, signed on August 3rd, 2017, and closed on November 22nd, 2017, after a full refinancing package had been secured by Tecnica Group, provides for Italmobiliare to acquire 40% of Tecnica Group’s shares through an overall investment equal to €60 million, including a combination of capital increase, share acquisition from the Zanatta Family and subscription of convertible instruments

Leonardo & Co. in association with Houlihan Lokey acted as sole financial advisor to Italmobiliare S.p.A. in the context of the Transaction.

Office: Italy