Within the Target Sector, the Company plans to seek out a Target with an enterprise value (i.e. acquisition cost) of between €1.0 billion and €3.0 billion, that is based or has its main operations in, the European Economic Area, Switzerland and/or the UK, and that has a competitive market position and strong business fundamentals. In selecting a Target, the Company will consider the potential for Francesco Trapani, Marco Piana and the Board to provide additional strategic guidance and support to the Target’s management. Thanks to their background, profile and experience, Mr. Trapani, Mr. Piana and the Board are ideally positioned to become preferred partners for a Target’s shareholders and management.
Our Investments Guidelines*
Long – term attractivite sector trends
Ability to cater a global audience
Outstanding, committed management team
Strong cash flow generation
Solid competitive position with high entry barries
Strong client recognition and affection
Commitment to ESG practices
Leverage on digital selling platforms
Unique know-how in crafrsmanship, manufacturing technologies and R&D
Ability to expand product lines, geographical presence or to acquire competitors
The Target benefits from ongoing, long-term attractive sector trends, that the Company believes will continue over the medium term and that will allow for stable growth.
The Target has the ability to directly or indirectly cater to a global audience of consumers, regardless of location.
The Target has both organic and inorganic growth potential, including by expanding product lines or geographical presence, or that is well-positioned, due to its size, profitability, availability of managerial resources and funding, to acquire one or more competitors and thereafter successfully integrate and benefit from consolidation synergies.
* These criteria are not intended to be exhaustive. Any evaluation relating to the merits of a particular Business Combination may be based on these general guidelines as well as other considerations, factors and criteria that the Directors and Officers may deem relevant. The Company will utilize certain criteria and guidelines to evaluate acquisition opportunities, although it may decide to enter into a Business Combination with a Target that does not meet one or more of these criteria and guidelines.