Investment Summary

Snam Invests In Industrie De Nora

On November 19, 2020, Snam invested in electrical equipment company Industrie De Nora from The Blackstone Group

Investment Highlights
  • This is Snam’s 1st transaction in the Electrical Equipment sector.
  • This is Snam’s 2nd transaction in Italy.

Investment Summary

Date 2020-11-19
Target Industrie De Nora
Sector Electrical Equipment
Investor(s) Snam
Sellers(s) The Blackstone Group
Deal Type Stake Purchase

Target

Industrie De Nora

Milan, Italy
website
Industrie De Nora S.p.A is a designer, manufacturer and supplier of electrodes, coatings and complete electrochemical solutions to serve diversified markets. Industrie De Nora is based in Milan, Italy.

Search 192,349 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Investor(S) 1

Investor

Snam

San Donato Milanese, Italy

website


Category Company
Founded 1941
Sector Energy Services and Equipment
Employees3,357
Revenue 3.5B EUR (2022)
DESCRIPTION

Snam engages in the construction and integrated management of natural gas infrastructure. Snam is active in natural gas transportation (Snam Rete Gas), storage (Stogit) and regasification (Gnl Italia). It manages a national transportation network that is more than 32,500 kilometers long, including 9 storage sites, and1 regasification plant. Additionally, through associated companies Snam operates in Austria (TAG and GCA), France (TIGF), United Kingdom (Interconnector UK) and it is shareholder of the TAP project. Snam was founded in 1941 and is based in San Donato Milanese, Italy.


DEAL STATS #
Overall 3 of 3
Sector (Electrical Equipment) 1 of 1
Type (Stake Purchase) 3 of 3
Country (Italy) 2 of 2
Year (2020) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-05-07 Iniziative Biometano

Padua , Italy

Iniziative Biometano S.p.A. operates in the management of biogas and biomethane plants fuelled with biomass of agricultural origin. Iniziative Biometano is based in Padua, Italy.

Buy -

Seller(S) 1

SELLER

The Blackstone Group

New York, New York, United States

Investor Investor Investor Investor Investor

website


Category Private Equity Firm
Founded 1987
PE ASSETS 131.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

The Blackstone Group is a global alternative investment management firm. The Firm's investment activities span real estate, secondary investments, hedge funds, credit, infrastructure, and private equity. Blackstone's private equity group targets opportunities globally including buyout acquisitions of established companies, development projects, growth equity financings, and industry consolidations. Sectors of interest include automotive, healthcare, chemicals, industrial, commercial property, lodging, communications, media/publishing, consumer & retail, packaging, consumer products, pharmaceuticals, energy, technology, entertainment, telecommunications, financial services, theme parks, food & beverage, and transportation. Blackstone's private equity real estate group looks for opportunities across North/South America, Asia, Australia/New Zealand, and Europe. The real estate group will consider both equity and debt investments. Areas of interest include healthcare, hotel, industrial, office, residential, and retail. The Blackstone Group was formed in 1987 and is based in New York City.


DEAL STATS #
Overall 142 of 170
Sector (Electrical Equipment) 1 of 1
Type (Stake Purchase) 8 of 10
Country (Italy) 2 of 2
Year (2020) 6 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-09 Legence

San Jose, California, United States

Legence is a mechanical, electrical, and plumbing services company focused on designing, building, and servicing custom and complex mechanical systems. Legence provides engineering, estimation, design, building information modeling, energy modeling, design-build, specialty HVAC and pipe fabrication, modular skid and process controls, pre-fabrication, and installation work for owners, general contractors, and construction managers in the technology, biopharmaceutical, data center, semiconductor and other industries with complex mechanical requirements. Legence is headquartered in San Jose, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-24 Phoenix Tower do Brasil

São Paulo, Brazil

Phoenix Tower do Brasil is an independent telecommunications infrastructure provider and is the major developer of small cell and distributed antenna systems in the country.

Sell -