PORTFOLIO COMPANIES

Portfolio of investments in a close number of controlled or related companies, with representatives on the investee’s governance bodies, which leverage on Italmobiliare’s experience in managing national and international business operations. The portfolio has a mid-long term investment horizon with a focus on value creation. More

INVESTMENTS

Portfolio of investments in diversified sectors focused on listed or not listed companies offering interesting growth prospects or steady investments returns. More

PRIVATE EQUITY

Investments in Private Equity funds aims at taking up opportunities in geographical areas or business sectors where Italmobiliare is not directly involved and at fostering potential business development in diversified sectors. More

History

  • 1946
  • 1952
  • 1962-1965
  • 1976
  • 1979
  • 1984
  • 1988
  • 1990
  • 1992
  • 1993
  • 1997
  • 2002
  • 2003
  • 2004
  • 2005
  • 2006
  • 2010
  • 2014
  • 2015
  • 2016
  • 2017
  • 2018
Azione

Italmobiliare was established in 1946 by Italcementi S.p.A. as a holding for its investments in areas other than construction materials. Among its early activities, Italmobiliare acquired controlling interests in companies active in banking (Banca Provinciale Lombarda, Credito Commerciale), insurance (RAS), publishing and non-urban public transport.

Franco Tosi - Immagine storica

In 1952 Italmobiliare acquired an initial investment in Franco Tosi, an electro-mechanical producer; in 1968 it increased its interest to acquire control.

IBI

Italmobiliare expanded its presence in banking from 1962 to 1965 with the acquisition of eight local banks, subsequently merged, in 1967, into the Istituto Bancario Italiano, which was sold in 1982.

Falck

Italmobiliare strengthened its holdings with the acquisition in 1976 of a significant minority interest in Bastogi, which it sold in 1986, to flank its investment in Falck.

Logo storico Italcementi

In 1979 Italmobiliare became the holding for the entire Group by acquiring the majority of Italcementi ordinary shares, after Italcementi had distributed its Italmobiliare shares to its own shareholders.

RAS

In 1984 as part of a Group re-organization, the interest in Ras was sold to Allianz, and the Banca Provinciale Lombarda was acquired by San Paolo di Torino.

Il Tempo

From 1988/1990, under an agreement with the Monti Group, Italmobiliare acquired a minority interest in Poligrafici Editoriale, in exchange for Editrice Romana (publisher of the daily newspaper Il Tempo) and Società Tipografica Tiburtina.

Crea

In 1990 the Franco Tosi group sold its industrial operations to the ABB Asea Brown Boveri group and reinvested a portion of the proceeds in the food packaging and thermal insulation sector (Sirap Gema), and the integrated water and gas distribution cycle (Crea).

CIMENTS FRANCAIS

In 1992, with the largest international acquisition effected to date by an Italian group, Italmobiliare acquired a majority interest in Ciments Français, a transaction that established the Italcementi Group as one of the industry’s leading world players.

Credito Italiano

In 1993, Italmobiliare acquired an investment in Credito Italiano following the bank’s privatization.

Borsa

In 1997 Franco Tosi was incorporated into Italmobiliare, after the successful outcome of a public tender offer.

SAB Bergamo

The key transaction in the Group’s investments in 2002 was the sale of 100% of SAB Autoservizi to Britain’s Arriva group.

Vassoi Sirap

In 2003, through its subsidiary Sirap Gema, Italmobiliare acquired Petruzalek, a distributor of fresh food packaging products and machinery active in Austria and the main East European countries.

RCS Mediagroup

As the result of an ownership re-organization, in 2004 Italmobiliare acquired an additional investment in Rcs MediaGroup to become one of the publishing group’s largest shareholders.

Giornali

The main transactions in the Italmobiliare investment portfolio in 2005 were also in publishing, with the decision to sell the entire shareholding in Poligrafici Editoriale.

Gruppo Banca Leonardo

During 2006, as a result of a swap on its shares in Mediocredito Centrale, Italmobiliare became a shareholder of Capitalia; it also acquired an interest in the newly formed Banca Leonardo.

Mediobanca

At the end of 2010, as part of a strategy to simplify and rationalize the Group structure by focusing Italcementi on its construction materials core business and concentrate equity investment management in Italmobiliare, Italmobiliare acquired from Italcementi its 1.405% interest in Mediobanca and 2.332% interest in RCS MediaGroup, thereby obtaining direct control of all the Group interests in the two companies.

Logo storico Italcementi 2014

In 2014 Italmobiliare subscribed pro quota the plan to strengthen and streamlining capital and group structure of Italcementi, thus controlling 45% of the new share capital of the company.

Logo storico Finter Bank 2015

In September 2015 Finter Bank was sold to the Swiss Group Vontobel.

Logo storico Italcementi 2014

In July 2016, after the acquisition of the direct control in Italgen and BravoSolution, Italmobiliare sold its stake in Italcementi to the german group HeidelberCement. In September Italmobiliare finalized the acquisition of Clessidra Sgr, the largest italian operator in the Private equity sector.

Tecnica Group

Acquisition of a 40% stake in Tecnica Group

 

Sale of BravoSolution and agreement with Jaggaer

Acquisition of a 60% stake in Caffè Borbone

 

 

Italmobiliare S.p.A. Headquarters: Milano – 20121, Via Borgonuovo n. 20 Tel. +39 02 290241
Milan Business Registry VAT Number 00796400158 - Share Capital €100,166,937