Intesa Sanpaolo advises Picenum Plast in transaction with Industrie Polieco

The image accompanying the News on Intesa Sanpaolo which, through the IMI Corporate & Investment Banking Division, acted as exclusive financial advisor to Picenum Plast in the acquisition process by Industrie Polieco, portrays the excavation operations, with equipment and men, for the laying of large underground pipes.

Intesa Sanpaolo, through its IMI Corporate & Investment Banking Division, acted as exclusive financial advisor to Picenum Plast in the acquisition process by Industrie Polieco.

RedFish LongTerm Capital (RFLTC), an industrial holding company specialising in investments in high-potential small and medium-sized enterprises, and its 50.1% subsidiary, RFLTC-Polieco through its investee Industrie Polieco acquired 100% of the share capital of Special Purpose Vehicle (“NewCo”), a company specifically set up by Picenum Plast for the contribution of a strategic business unit dedicated to the production of pipes.

Industrie Polieco is Europe's leading manufacturer of corrugated pipes made of high-density polyethylene (HDPE) and advanced plastics.

The Intesa Sanpaolo Group, led by CEO Carlo Messina, thus confirms its role as a point of reference in M&A advisory activities supporting the development and growth of companies.

Last updated 20 December 2024 at 11:03:41