ITALY - MPS Venture exits Moby and buys into Savino Del Bene
The asset management firm MPS Venture has sold its 3.47% stake in logistics player Moby in a deal worth EUR 6.4m to the Onorato family, which now wholly owns the company.
Also in the logistics arena, MPS has scored another deal, purchasing a 23.3% stake in Trasporti Internazionali Agenzia Marittima Savino de Bene SpA, the international sea transport division controlled by Gruppo Savino Del Bene. The transaction is subject to approval of the Competition Commission. The deal value has not been made public.
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