BELGRAVIA & CO., an international and independent M&A and Corporate Finance advisory firm based in Cologne, exclusively advised FORTAS AG, a German private equity company, on the acquisition of a 90% quota in ITIB Srl, Paderno Franciacorta/Italy (“ITIB”) from ITIB Machinery International S.p.A. The transaction includes ITIB’s 100% Polish subsidiary ITIB Poland Sp.z o.o.
ITIB (www.itib.com) is a leading producer of thermoplastic corrugated flexible pipe and plastic blow moulded items (especially for the automotive industry and white goods appliances), with production facilities in Italy and in Poland.
The parties have agreed not to disclose the purchase price.
BELGRAVIA & CO. acted as the exclusive M&A advisor to FORTAS AG on this transaction.
Dr. Björn Röper
BELGRAVIA & CO. GmbH
Stadtpalais, Bayenthalgürtel 26, 50968 Köln
Tel. +49 (221) 98 54 29 21