Investindustrial founder Andrea Bonomi was in attendance on day 2 of the IPEM conference in Cannes this week. Speaking to Greg Gille, he highlighted the strengths of the southern European market, discussed how the firm approaches the broader challenges affecting its portfolio companies, and how a longer-term approach can be part of the PE toolkit.
Transaction also financed with a €10m senior debt from LCL, BNP Paribas, Bred Banque Populaire and CIC
GP acquires a 49% stake in the company for €1.06bn, while the reminder is retained by current owner Atlantia
LDC invested £20m in Mitrefinch in 2016 for a minority stake and has supported the company in doubling revenues
Omega managing director Claudio Nessi and principal Francesco Draetta will join the company's board