Wise Equity invested in the telecom cable management specialist Fimo Group
28 February 2022
Fineurop Soditic acted as exclusive financial advisor to Wise Equity SGR in the acquisition of a controlling stake in Fi.mo.tec. S.p.A. from IGI Private Equity and the Company’s Management.
July 8 2020
Telecom cable management
Headquartered near Milan, Fi.mo.tec is the European leader in components and systems applied in telecommunications infrastructure and it is focused on fastening systems for the telecom and broadcasting sectors.
The Company manages manufacturing plants in Italy, France and India and sales and logistics offices in Germany and the U.S.A.
It generated sales of around Euro 33 million with an export of over 80%.
Wise Equity will consolidate Fi.mo.tec.'s presence in the Italian market and will boost its expansion in new geographies.
Banco BPM, Crédit Agricole Italia and Intesa Sanpaolo supported the transaction acting as Mandated Lead Arrangers.