
Siparex-backed Plurima carves out Log-Os from Zanardo
Healthcare logistics specialist Plurima, a portfolio company of French GP Siparex, has acquired a 90% stake in Log-Os from Zanardo Trasporti.
Following the deal, Plurima's CEO, Luca Marconi, will be appointed as CEO and chair of Log-Os, while current CEO and shareholder Damaso Zanardo will stay on with the business as a member of the company's board.
Siparex bought a 31% stake in Italy-based healthcare logistics specialist Plurima in January 2019 from the Marconi family, who retained the remaining majority holding. In addition to the stake acquired, the deal allowed Siparex to increase its ownership up to a stake of 41%, which equated to a cumulative investment of around €9m.
According to the deal, CEO Luca Marconi continued to lead the business and was joined by Siparex partners Andrea Gianola and Tomaso Barbini as members of the company's board.
The GP drew capital from its two funds: Siparex Investimenti 2,a €50m vehicle raised in partnership with Fondo Italiano di Investimento to target Italian SMEs; and from its €170m Siparex MidCap 3 fund.
Plurima specialises in healthcare logistics, employs a staff of 550 people and generates revenues of around €28m. Siparex intends to list Plurima on the AIM segment of the Italian stock exchange in the coming years.
Company
Based in Marghera, Log-Os specialises in outsourcing, logistics, transportation and record management for the healthcare industry. The company is part of logistics company Zanardi Trasporti.
People
Siparex – Andrea Gianola, Tomaso Barbini (partners).
Plurima – Luca Marconi (CEO).
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