Market context

Idea Capital to buy 40-45% of Baglioni


Baglioni, the privately owned, Italian manufacturer of air compressor tanks, is set to have a new financial partner, according to CorrierEconomia. 

The report, without citing any sources, said that the private equity firm Idea Capital will acquire a 40-45% stake in the company through a EUR 10m capital increase.

Baglioni is served by Klecha & Co. as financial advisor, while Idea Capital is assisted by Bonelli Erede Pappalardo as legal advisor. Such a partnership will facilitate foreign acquisitions, especially in the US, where Baglioni has already targeted two companies, the report concluded.

Baglioni has revenues of EUR 86m and debts of EUR 25m.