Terra Holding S.r.l. has launched a voluntary public tender offer for Gibus S.p.A.

Terra Holding S.r.l. has initiated a voluntary public tender offer for the shares of Gibus S.p.A.

Controlled by the Bellin family, Terra Holding is the parent company of Gibus.

Gibus manufactures awnings and pergolas designed for sun protection and energy efficiency. Its product range includes bioclimatic pergolas, traditional pergolas, sun awnings and shade sails. Founded in 1982 and headquartered in Saccolongo, Italy, the firm serves commercial and residential customers.

Oaklins Italy’s parent company, Banca Akros, served as the financial advisor and appointed broker for the collection of shares in the voluntary public tender offer launched by Terra Holding for 13.8% of Gibus’ share capital.