CIR Group

M&A Activity • Aug 1, 2016

Informazione Regolamentata n. 0079-64-2016		Data/Ora Ricezione 01 Agosto 2016 16:49:09	MTA
Societa'	:	C.I.R.
Identificativo Informazione Regolamentata	:	77727
Nome utilizzatore	:	CIRN03 - Ricco
Tipologia	:	AVVI 16
Data/Ora Ricezione	:	01 Agosto 2016 16:49:09
Data/Ora Inizio Diffusione presunta	:	01 Agosto 2016 17:04:10
Oggetto	:	CIR and F2i: Bahrain sovereign wealth fund invests in KOS
Testo del comunicato

Vedi allegato.

JOINT PRESS RELEASE

CIR AND F2i: BAHRAIN SOVEREIGN WEALTH FUND INVESTS IN KOS

The deal, concluded through F2i Healthcare, confirms international investor interest for the healthcare company

Milan, August 1 2016 – CIR-Compagnie Industriali Riunite S.p.A. and F2i hereby announce that Bahrain Mumtalakat Holding Company ("Mumtalakat"), the sovereign wealth fund of the Kingdom of Bahrain, has invested in KOS, a leading Italian company in the healthcare sector.

Mumtalakat's investment was made indirectly through the purchase of an interest in F2i Healthcare, the vehicle company controlled by the F2i Second Fund in which other investors have interests, which has been a shareholder of KOS since May of this year. As part of the deal, CIR sold to F2i Healthcare 3.2% of KOS for an amount of approximately € 20 million.

Following this transaction, the shareholding structure of KOS consists of CIR with 59.53% and F2i Healthcare with 40.47%. F2i remains the controlling shareholder of F2i Healthcare, with a stake of 61.4%.

The entry of Mumtalakat into the capital of F2i Healthcare confirms international investor interest for KOS. This is the first investment made by Mumtalakat in Italy.

KOS is the number four private Italian operator in the healthcare sector in terms of revenues. With 76 facilities in Italy, businesses in India and the United Kingdom and some 5,200 employees, the KOS group closed 2015 with sales revenues of approximately € 430 million and net income of approximately € 20 million.

CIR

CIR-Compagnie Industriali Riunite S.p.A., founded in 1976, is the company heading one of the largest industrial groups in Italy, which operates mainly in three sectors: media (Gruppo Editoriale L'Espresso), automotive components (Sogefi) and healthcare (KOS). Gruppo Editoriale L'Espresso is one of the top publishing groups in Italy and is active in newspapers and magazines, radio, internet, television and the collection of advertising; Sogefi is among world leaders in the production of suspension components, filtration and air and cooling systems; KOS is one of the most important private operators in Italy in the healthcare sector with activities in nursing homes, rehabilitation centres, oncological treatments, diagnostics and the management of hospital facilities.

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The CIR group typically has a long-term investment horizon. In 2015 it reported consolidated revenues of over € 2.54 billion, EBITDA of € 218.2 million and net income of € 42 million. The CIR group employs around 14 thousand people, more than half of whom are in Italy. The parent company CIR S.p.A. is listed on the Milan Stock Exchange and is controlled by the company COFIDE-Gruppo De Benedetti S.p.A. For further information, see www.cirgroup.com.

CIR Group contacts: Salvatore Ricco Michele Cavigioli Mariella Speciale Angela Andriolo Tel.: +39 02 722701 Tel.: +39 02 722701

e-mail: infostampa@cirgroup.com e-mail: info@cirgroup.com www.cirgroup.com twitter: @cirgroup

Communication Department Finance and Investor Relations Department

F2i

F2i, the acronym for Fondi italiani per le infrastrutture, is an SGR (Asset Management Company) set up in 2007 and headed by Chief Executive Officer Renato Ravanelli. F2i is the largest infrastructure fund operating in Italy and one of the largest in Europe. The F2i First Fund and Second Fund have collected subscriptions for a total of more than 3.0 billion euro, around 70% of which is already invested in various sectors of national infrastructure (airports, motorways, the distribution of gas, water services, renewable energies, telecommunications, logical networks).

F2i contacts:

Giuseppe Sammartino Communication Consultant Cell. +39 335.3000.24 gsam.comunicazione@f2isgr.it www.f2isgr.it