SG Capital Europe has agreed to purchase 80% of Co.Import, a retailer of accessories and small home furnishings, from its founding family for EUR 15m. The management is reportedly reinvesting EUR 3m for the remaining stake. Co.Import owns a network of 35 stores located in the north and central regions of Italy. It expects to report consolidated revenues of EUR 34m this year.
Deal includes three manufacturing facilities located in Spain, which employ around 140 staff
GP acquired the care home group from Swiss Prime Site and will be the company's sole shareholder
Iris, Idinvest and historical backers invest in the manager of the eponymous social media app
GP uses its Mérieux Participations 3 fund, which held a first close on €200m in 2018