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Sogefi M&A Activity 2021
4192_rns_2021-01-15_b0906bee-5d03-4906-96f7-934531953999.pdf
M&A Activity
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| Informazione Regolamentata n. 0246-1-2021 |
Data/Ora Ricezione 15 Gennaio 2021 18:29:48 |
MTA - Star | |
|---|---|---|---|
| Societa' | : | SOGEFI | |
| Identificativo Informazione Regolamentata |
: | 141430 | |
| Nome utilizzatore | : | SOGEFINSS01 - SEGRE MASSIMO | |
| Tipologia | : | 2.2 | |
| Data/Ora Ricezione | : | 15 Gennaio 2021 18:29:48 | |
| Data/Ora Inizio Diffusione presunta |
: | 15 Gennaio 2021 18:29:49 | |
| Oggetto | : | SOGEFI SELLS FILTRATION PLANT IN SPAIN |
|
| Testo del comunicato |
Vedi allegato.
PRESS RELEASE
SOGEFI SELLS FILTRATION PLANT IN SPAIN
Milan, January 15 2021 - Sogefi sold its Filtration plant in Cerdanyola, Spain, to Fragola International Group. The transaction excludes the After Market activities in Spain, that will remain within Sogefi's perimeter.
The disposed activity had sales of € 9 million in 2020. Enterprise value for the transaction is estimated around € 1.4 million.
The sale of the Spanish Filtration plant is part of Sogefi's plan to rationalize its production footprint in Europe.
For Fragola International Group, a company specialized in automotive technical parts and packaging, the acquisition provides a consolidation of its European footprint.
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Contacts: Sogefi Investor Relations Yann Albrand tel.: +39 02 467501 e-mail: [email protected] www.sogefigroup.com
CIR Group Press Office tel.: +39 02 722701 e-mail: [email protected] www.cirgroup.com