Alto Companions and Arca Fondi purchase the dressings firm Eurosirel

The administration firms Alto Companions and Arca Fondi have signed a binding settlement for the acquisition of Eurosirel, a number one firm within the manufacturing and advertising of revolutionary units for wound care and cosmetics meant for a diversified and first buyer base nationwide and worldwide standing comparable to large-scale retail commerce operators, pharmacies, specialised retailers and pharmaceutical firms.

A notice explains that in 2023 Eurosirel recorded a turnover of Euro 62 million and an EBITDA of roughly Euro 11 million. The gross sales development charge over the past 10 years has been greater than 10%. The Firm, based mostly in Cusago (Milan), employs 130 individuals.

Alto Capital V and Arca Area Capital will buy 100% of Eurosirel from Ernesto and Alberto Leonelli by means of a automobile managed and managed on an equal foundation by the 2 funds. The closing of the transaction is predicted by June 2024 following the approvals required by the regulatory authorities.

The funding by Alto Capital V and Arca Area Capital goals to assist the additional development and internationalization of Eurosirel as a strategic companion of main Italian and overseas retail and industrial teams by means of steady analysis and growth of revolutionary merchandise and proprietary applied sciences and formulations able to responding to buyer wants with a powerful deal with sustainability elements.

Gianmarco Gandolfi, Associate Alto Companions, commented: “We have now appreciated the work achieved by Mr. Ernesto Leonelli and all the crew over these years. The certifications obtained, the eye to R&D actions and the partnerships developed through the years with sector gamers for the event of revolutionary merchandise have been key parts for the positioning and development of Eurosirel. We consider there’s nonetheless robust potential for consolidation on the home market and development overseas each organically and thru doable integrations with different operators within the sector”

Ugo Loeser, CEO of Arca Fondi SGR, and Carlo Pagliani, Senior Associate of Area Capital Advisors, commented: “We’re thrilled to contribute to the subsequent part of growth of Eurosirel, a number one Italian firm within the wound care sector ideally positioned to learn of the ever-increasing variety of technological functions of cutaneous medical units for the administration of energetic components and beauty remedies. We’re satisfied that the economic expertise, the worldwide community and the flexibility to draw managerial abilities of Arca Area Capital and Alto Companions will provide new development alternatives to Eurosirel.”

Ernesto Leonelli, Founder and CEO of Eurosirel, commented: “We have now concentrated our efforts on introducing revolutionary merchandise to the Italian and European markets. Because of in-depth market analysis and a continuing dedication to innovation, we’re in a position to meet the wants of our clients within the large-scale retail and pharmaceutical sectors. This work continues and we’re assured that it’ll result in much more passable ends in the approaching years.”

The acquisition for Alto Companions was adopted by a crew made up of Gianmarco Gandolfi, Filippo Sabbion, Ilenia Corbelli and Marco Albissi and for Arca Fondi by the operational crew of Area Capital Advisors. Alto Companions and Arca Fondi have been supported by the advisors: OC&C (Enterprise), Giovannelli Studio Legale (Authorized), Spada Companions (Monetary & Tax), ERM (ESG). Ernesto Leonelli was supported by: Marcianesi & Associati (Monetary & Tax), Orrick (Authorized).