Pavia e Ansaldo with Italglobe partners in the acquisition of IDEAL
Milan, 14 February 2017 – Pavia e Ansaldo assisted Italglobal Partners, an investment company founded by Ruggero Jenna and Francesco Sala, in the acquisition of 60% of Ideal, a company specialising in the production of components for eyeglasses. The transaction was implemented through an increase in capital, aimed at strengthening the capital basis as well as stimulating revitalization and growth of the Company.
Ideal, founded in 1983 in Quero, Belluno, is a strategic supplier to the Italian sector of eyeglass production and serves the principal players of the sector with a workforce of about 110. It manufactures 100% of its products in its own plant (of about 10,000 square meters). In this context, the growth objectives aim at sales in 2017 of over 10 million Euro.
Ruggero Jenna will be the new chairman of the board of Ideal while Roberto Clamar, holder of a significant minority share, will manage the company.
Italglobal Partners realized the transaction with a team with the founding partners and the investment manager Nicola De Biase, assisted by Alberto Bianco, partner, and Marina Balzano, counsel of Pavia e Ansaldo for legal, by BDO for accounting and Studio Ravazzolo & Associati for tax aspects.