Secondary Buyout • Distribution

Value Italy Acquires Palini e Bertoli

On July 1, 2003, private equity firm Value Italy acquired distribution company Palini e Bertoli from Permira

Acquisition Context
  • This is Value Italy’s 1st transaction in the Distribution sector.
  • This is Value Italy’s 2nd transaction in Italy.
Investment Fate
  • Palini e Bertoli was sold to a publicly-traded strategic buyer in 2005.
  • Palini e Bertoli was sold to a strategic buyer in 2007.

Explore All 314 Secondary Buyout Distribution Deals - Search the Database Free


M&A Deal Summary

Date July 1, 2003
Target Palini e Bertoli
Sector Distribution
Buyer(s) Value Italy
Sellers(s) Permira
Deal Type Secondary Buyout

Target Company

Palini e Bertoli

San Giorgio di Nogaro, Italy
Palini & Bertoli is one of Italy's largest producers of carbon steel plates, supplying mechanical and structural steel companies in Europe. It focuses on the specialist segment of the market where a wide range of thicknesses, flexibility and delivery times are required. A company backed by the Permira funds acquired Palini & Bertoli in November 1999.
Explore More Deals

Browse All 215,130 Deals

FILTER BY

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

Search Free

Buyer Overview 1

Buyer

Value Italy

Florence, Italy

Category Private Equity Firm
Founded 2001
PE ASSETS 400M EUR
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Value Italy is a private equity firm focused on acquiring and investing in small to mid-sized Italian companies. The Firm does not have any sector and generally looks to leverage its network and expertise when pursuing strategies for growth. Value Italy was formerly known as MPVenture. Value Italy was formed in 2001 and is based in Florence.


Deal Context for Buyer #
Overall 2 of 24
Sector: Distribution 1 of 1
Type: Secondary Buyout 1 of 2
Country: Italy 2 of 23
Year: 2003 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2003-06-01 Angelantoni Industrie

Massa Martana, Italy

The Angelantoni Group was founded in 1932 in Milan to produce refrigeration equipment. In the '60s it began production of simulated environmental testing chambers, biomedical tools, industrial refrigeration systems, electronic systems and equipment, and recently, thermodynamic solar and photovoltaic panels.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2003-12-01 GDA Group

Vietri di Potenza, Italy

The GDA Group was founded in the early '50s starting its activities in wholesale commerce of food products. The GDA carries out its business in the Organised Distribution field for food products and mass market products, both wholesale and retail, through cash and carry, supermarkets, and giant stores, smaller supermarkets and discount food markets. It has a presence in southern Campania, in Basilicata, and in northern Calabria, all regions where it is the market leader.

Buy -

Seller Profile 1

SELLER

Permira

London, United Kingdom

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1985
PE ASSETS 80.0B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

Permira is a mega-sized private equity firm that targets large company investments around the world. Permira invests to support acquisitions, leveraged buyouts, take-privates, turnarounds, and growth buyouts. Areas of interest include healthcare, financial services, chemicals, consumer products and services, industrial products and services, technology, media, and telecom. Permira will consider opportunities in Europe, Asia, and North America. Permira was formed in 1985 and has offices in Menlo Park, Frankfurt, Luxembourg, London, Hong Kong, Madrid, Milan, Paris, Stockholm, Tokyo, Guernsey and New York City.


Deal Context for Seller #
Overall 11 of 97
Sector: Distribution 1 of 3
Type: Secondary Buyout 1 of 29
Country: Italy 1 of 9
Year: 2003 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2003-06-02 Rodenstock

Munich, Germany

Rodenstock is a manufacturer of ophthalmic lenses and the fourth-largest supplier globally. Rodenstock also has an eyewear division selling its own and third party-branded optical frames. Rodenstock was founded in 1877 and is based in Munich, Germany.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2003-08-01 Seat Pagine Gialle

Milano, Italy

Seat Pagine Gialle is a European directory advertising, web marketing services, and business information group, based in Italy, with significant activities in Germany and the UK.

Buy -

Explore Related M&A Activity