Creative writing but also did financial writing
M&A Reporter for mergermarket (FT GROUP) in London & Milan
Here are some articles on the web:
MERGERMARKET · web
EPTA open to suggestions from advisers; could make acquisitions, CEO says mergermarket
EPTA, the privately held, Italian maker of refrigeration equipment, has been approached several times by
private equity firms willing to buy a stake in the business, said Chief Executive Officer Sergio Chiostri.
In an exclusive interview at the company headquarters in Milan, Chiostri said every financial investor's
approach has been rebuffed because the Nocivelli family who controls 100% of the company has no intention to sell.
Chiostri said that it is the family's intention to grow the company with its own resources and pursue a
standalone strategy. "The company in fact does not need an equity injection," he said.
Chiostri said the company aims to strengthen its presence abroad and could look at local players with
large market shares.
"We have enough production capacity and know-how. Our products are one of the most advanced in
terms of technology and ecological standards," he said. "We could buy a player which can bring us more
market share in a specific region."
Last September EPTA acquired Euro'Cryor, a producer of banks for refrigeration units. The vendor was
the Austrian investment group Gasser & Partner. Euro'Cryor posted a turnover of EUR 25m in 2007, a
previous report said. EPTA was advised by Mediobanca...
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