Palladio Finanziaria Holding has acquired Cimos Group
Palladio Finanziaria Holding has acquired Cimos Group for an undisclosed consideration.
Palladio Finanziaria Holding is an Italian investment firm that has been opresent in Europe for more than 30 years. The firm operates through dedicated vehicles: for private equity and infrastructures, VEI Capital and Venice, and for public equity, Ferak, one of the largest investors in Assicurazioni Generali.
Cimos Group is a large Slovenian state-owned automotive (tier 1 and tier 2) supplier and one of the largest industrial groups in the country. Cimos’ main business unit is Turbo, one of the leading manufacturers in Europe. The firm's parts are incorporated in car engines of all dominant automotive manufacturers. Another business unit produces advanced powertrain mechanisms and parts while its chassis and body division (Kinematics) manufactures products such as hinges, pedal systems and handbrake levers, where Cimos has 15% market share in Europe.
The largest shareholder was the Slovenian bad bank DUTB. The Bank Assets Management Company (BAMC) was established in March 2013 by the Republic of Slovenia to facilitate the restructuring of banks facing severe solvency and liquidity problems. By the end of 2013, the two largest banks had been recapitalized by the government and a substantial part of their non-performing assets had been transferred to BAMC.
Oaklins' team in Slovenia advised the buyer in this transaction. The team negotiated a debt restructuring.
Talk to the deal team
Managing DirectorLjubljana, Slovenia
Baltcap-backed Coffee Address has acquired Latvian vending machine operator Kafe Serviss
Coffee Address Holding, the largest vending machine and coffee service company in the Baltics, currently owned by the private equity and venture capital firm Baltcap, has acquired a local Latvian coffee service company Kafe Serviss. The transaction will further strengthen the position of Coffee Address, improving both the product and service offering to its customers across the country.Learn more
VIA equity has invested in eSmiley
With eSmiley’s attractive market position and VIA equity’s track record of supporting niche technology companies, eSmiley is fueled to accelerate growth and increase its international footprint. Management shareholders are reinvesting into the new ownership structure. VIA equity’s investment in eSmiley is a strong fit with its investment focus, offering great potential to build an international niche market leader.Learn more
Global Media Santé has been acquired by SFP Expansion
Global Media Santé’s CEO, Alain Trébucq, and Apax Partners have sold the company to SFP Expansion Group.Learn more