M&A Deal Summary

Balconi Acquires FIDA

On June 24, 2014, Balconi acquired e-commerce company FIDA from Credem Private Equity SGR

Acquisition Highlights
  • This is Balconi’s 1st transaction in the E-Commerce sector.
  • This is Balconi’s 1st transaction in Italy.

M&A Deal Summary

Date 2014-06-24
Target FIDA
Sector E-Commerce
Buyer(s) Balconi
Sellers(s) Credem Private Equity SGR
Deal Type Add-on Acquisition

Target

FIDA

Castagnole Lanze, Italy
FIDA S.p.A. is a confectionery company. FIDA is an online retailer of foods.

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Buyer(S) 1

Buyer

Balconi

Nerviano, Italy

Category Company
Founded 1953
Sector Food
DESCRIPTION

Balconi S.p.A. - Industria Dolciaria is one of the main Italian players, with a significant presence also in the European market, in the production and distribution of sponge sweet snacks (the company’s core business) and cakes, with over 45,000 tons of products annually sold. The Company sells its products to retail chains and discount stores, mainly with its own brand (“Balconi”) and partially with private label. Balconi has one highly automated production facility in Nerviano (Milan) and has approx. 120 employees.


DEAL STATS #
Overall 1 of 1
Sector: E-Commerce M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Italy M&A 1 of 1
Year: 2014 M&A 1 of 1

Seller(S) 1

DESCRIPTION

Credem Private Equity SGR is the private equity arm of Italian bank, Credito Emiliano Banking Group. The Firm looks to support buyouts and growth capital financings of mid-sized Italian companies. Credem Private Equity SGR is based in Milan.


DEAL STATS #
Overall 4 of 6
Sector: E-Commerce M&A 1 of 1
Type: Add-on Acquisition M&A Deals 3 of 4
Country: Italy M&A 4 of 6
Year: 2014 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-06-23 Galeati Industrie Grafiche

Imola, Italy

Galeati Industrie Grafiche is a provider of graphic design services. Galeati Industrie Grafiche was founded in 1816 and is based in Imola, Italy.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-27 Tecnogear

Cavriago, Italy

Tecnogear is a provider of precision engineering and realized that producing mechanical parts for the transmission of motion, such as the spiral bevel gear, greatly appealed to him since he considered these two intersecting elements extremely fascinating. Tecnogear was founded in 1984 and is based in Cavriago, Italy.

Sell -