Unternehmen auf Beobachtungsliste setzen
Deutsche Beteiligungs AG
ISIN:
DE000A1TNUT7
WKN:
A1TNUT
Land: Deutschland
·
Primärmarkt: Deutschland
·
EQS NID: 1231383
Levermann Score
06 September 2021 10:24AM
Deutsche Beteiligungs AG establishes a subsidiary in Italy
DGAP-News: Deutsche Beteiligungs AG
/ Key word(s): Private Equity
Deutsche Beteiligungs AG establishes a subsidiary in Italy
DBAG Italia is led by Giovanni Revoltella (born 1978). He has been involved in investments in medium-sized companies in Italy and other European countries for more than 15 years - at Argan Capital based in London, and most recently as a partner and co-head of industrial technology at Capvis, based in Switzerland. As Senior Advisor, Antonio Corbani (born 1960) will continue to support DBAG in evaluating investment opportunities in Italy. He has more than 25 years of investment experience in acquiring and developing medium-sized Italian companies. Both Mr Revoltella and Mr Corbani have a wide range of experience in managing companies from private equity portfolios, with different investment approaches (growth, internationalisation, strategic repositioning, restructuring) and across economic cycles. "Italy, with its diverse, traditional and successful industrial landscape, is an attractive market in which we are keen to contribute our 50+ years of investment experience", says Tom Alzin, a member of DBAG's Management Board. Indeed, Italy is the second most important industrialised country in the European Union. As with Germany, manufacturing industry is the backbone of the Italian economy. It is strongly export-oriented and closely intertwined with Germany, the most important customer country. Italian industrial companies set international benchmarks in many high-end applications, that DBAG would like to further support. The country's most important export sector is mechanical and plant engineering, one of the core sectors in which DBAG has successfully developed a large number of companies over the past decades. The corporate landscape in Italy is characterised above all by many medium-sized, family-owned companies that have often been able to establish themselves in niche segments on the international markets. Recently, a growing number of such companies have set out to address new markets outside Europe. Accompanying the international expansion of family-run companies is one of DBAG's core strengths: around two-thirds of the 32 companies in the portfolio have been acquired from founders or families. Italy's also offers attractive growth strategies within the country - for example through consolidation or buy-and-build concepts in various sectors, which DBAG has been supporting very successfully for several years. "A sector focus in line with the market, many years of experience with medium-sized family businesses and a powerful network - these are good prerequisites for our strategy in Italy", said DBAG Italia Partner Giovanni Revoltella. "As a listed company, DBAG can also make investments with a longer investment horizon than traditional private equity funds have. This broadens our range of equity solutions for Italian companies", Mr Revoltella adds. In September 2020, DBAG invested alongside DBAG Fund VII, one of the private equity fund it advises, in PM Plastic Materials s.r.l. (sales 2020: 104 million euros), the largest European producer of pre-wired and empty plastic cable conduits, which are mainly used for electrical installations. DBAG and the Fund acquired the majority of the shares from the founding family. PM's management are also significant shareholders, thus helping to ensure continuity in the company. On 16 August, DBAG announced that it will, also alongside DBAG Fund VII, invest Itelyum (sales 2020: 352 million euros), a leading European circular economy player which specialises in recycling complex streams of hazardous liquid waste. Contact: Thomas Franke Head of Corporate Communiations E-Mail: thomas.franke@dbag.de Phone: +49 69 95787 307
06.09.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | Deutsche Beteiligungs AG |
Börsenstrasse 1 | |
60313 Frankfurt am Main | |
Germany | |
Phone: | +49 69 957 87-01 |
Fax: | +49 69 957 87-199 |
E-mail: | welcome@dbag.de |
Internet: | www.dbag.de |
ISIN: | DE000A1TNUT7 |
WKN: | A1TNUT |
Listed: | Regulated Market in Dusseldorf, Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 1231383 |
End of News | DGAP News Service |
|
1231383 06.09.2021