|
Biolchim restructures its shareholding and posts solid results
The Bologna based italian company Biolchim S.p.a recently announced that Assietta Private Equity sgr has entered Biolchim’s equity by acquiring all the shares of Gianni Zamboni (27%), the founder of the Company in 1972. With Prima Spa Holding and Arca Invest already in the shareholding, this move brings to three the number of Private Equity funds in Biolchim capital.
At the same time, the company announced that the current management (Valenti/Acquafredda/Di Nardo) is also going to enter in the Company's equity by the end of October 2010.
Biolchim, a leading manufacturer and supplier of specialty crop management inputs, in particular specialty fertilizers and biostimulants, achieved solid financial results in 2009: about 32 million Euros turnover in sales, with an EBITDA of about 11%.
For the next three years, the company announced that it has concrete plans of external growth by specific acquisitions.
|