Our History

2023

Adherence to the Science Based Targets Initiative (SBTi), committing to set emission reduction targets in line with the Net-Zero scenario.
SBTi
SBTi logo

2022

Investment in Archimede, parent company of Formula Impresoft, a provider of IT & software services and digital solutions to SMEs. Purchase of a 19.99% interest in Bene Assicurazioni, an innovative technology company in the Italian non-life insurance market. Purchase of 100% of SIDI Sport, an iconic Italian brand specialising in the production and sale of cycling and motorcycling footwear.
Bene assicurazioni e SIDI
Bene Assicurazioni sidi sport

2021

Exit from the food plastic packaging sector by disposing Sirap Group’s operational assets. Co-investor with Clessidra SGR in the Botter wine group (now Argea Group). Investment in Farmagorà, chain of pharmacies closely linked to the local area. Anchor investor of the Clessidra Capital Partners 4 fund. Purchase of the remaining 20% of the capital of Officina Profumo-Farmaceutica di Santa Maria Novella.
Sirap

2020

Purchase of an 80% interest in Officina Profumo-Farmaceutica di Santa Maria Novella, a historic manufacturer of high-end perfumes and cosmetics. Purchase of a 92.5% interest in CDS | Casa della Salute, a network of specialist outpatient clinics. Purchase of a 60% stake in Callmewine, an eCommerce platform for the sale of wines and spirits. The Italmobiliare Group joined the United Nations Global Compact Network, the largest strategic corporate citizenship initiative in the world.
CDS Callmewine SMN
Officina Profumo Farmaceutica di Santa Maria Novella Callmewine CDS | Casa della Salute UNGC WeSupport

2019

Took a 30% stake in the Autogas Nord Group – AGN ENERGIA. The investment in Jaggaer was sold to Cinven in August. Italmobiliare included in the STAR segment of the Italian Stock Exchange from September. 80% of Salumificio Capitelli was acquired in December.
AGN ENERGIA Capitelli
AGN energia Capitelli F.lli

2018

The portfolio expansion strategy continues: purchase of a 60% interest in Caffè Borbone and a 40% interest in ISEO Serrature. Private equity investments increased, including the BDT Capital Partners funds.
Caffe Borbone ISEO
Caffè Borbone ISEO

2017

Acquisition of 40% of the Tecnica Group. At the end of the year, Italmobiliare joined the US group Jaggaer, which operates in the eProcurement sector, through the contribution of BravoSolution.
Tecnica Group
Tecnica Group Jaggaer

2016

In July, after acquiring direct control of Italgen and BravoSolution, the equity investment in Italcementi was sold to the German group HeidelbergCement, on the basis of an agreement signed in 2015.
ITG Clessidra
Read more
In September, Clessidra Sgr, the main Italian private equity operator, was purchased and Italmobiliare became anchor investor of Clessidra's CCP3 fund.
Italgen Heidelberg Cement Bravo Solutions Clessidra

From 2000 to 2015

During 2002, the main investment transaction was the sale of the 100% of SAB Autoservizi to the UK group Arriva. Following a reorganisation of the partnership, in 2004 Italmobiliare bought an additional stake in RCS MediaGroup, confirming itself as one of the publishing group's main shareholders.
Italcementi - Calusco cement plant
Read more
Also in 2005, the major portfolio transactions involved the publishing sector with the disposal of the interest held in Poligrafici Editoriale. In 2014, Italmobiliare participated pro-quota in the recapitalisation and simplification plan of the Italcementi Group, maintaining a controlling interest of 45%. In September 2015, Finter Bank was sold to the Swiss group Vontobel.
Finter Bank RCS Sirap

1990s

In 1990, the Franco Tosi Group sold its industrial activity to the ABB Asea Brown Boveri Group, reinvesting part of its resources in the food packaging and insulation sector (Sirap Gema), the integral water cycle and gas distribution (Crea).
Sirap photo
Read more
In 1992, in the largest international acquisition carried out hitherto by an Italian group, the majority of Ciments Français passed to the Italcementi Group, which thereby became a world leader in the building materials sector. In 1993, as a result of the bank's privatisation, Italmobiliare acquired an equity investment in Credito Italiano. In 1997, Franco Tosi was merged with Italmobiliare, after the favourable outcome of a takeover bid.
Ciments Francais Ciments français

1980s

In 1980 Italmobiliare was admitted for trading on the Milan Stock Exchange. In 1984, the investments in RAS and Banca Provinciale Lombarda were sold as part of a Group reorganisation plan.
Milan Stock Exchange
Read more
During the period 1988-90, a minority shareholding was acquired in Poligrafici Editoriale, as part of an agreement with the Monti Group.
Poligrafici Editoriale RAS

1970s

The portfolio was strengthened in 1976 with the purchase of a significant minority shareholding in Bastogi, later sold in 1986, which joined the one held in Falck.
Historical photo
Read more
In 1979 Italmobiliare became the holding company for the entire Group when it acquired a majority of the ordinary shares in Italcementi.
Bastogi Falck Italcementi

1950s-60s

In 1952 a first shareholding was acquired in Franco Tosi, an industrial company in the electromechanical sector, which became a subsidiary in 1968. The presence in the banking sector developed in the years between 1962 and 1965 through the purchase of eight local credit institutions, which in 1967 were concentrated in Istituto Bancario Italiano, later sold in 1982.
Franco Tosi
Franco Tosi IBI

1946 - the foundation

Italmobiliare was founded in 1946 by Italcementi S.p.A. as a vehicle to hold investments other than those in the construction materials sector.
Italmobiliare birth certificate
Read more
Among the first transactions, Italmobiliare acquired a number of controlling interests in the credit sector (Banca Provinciale Lombarda, Credito Commerciale), in the insurance sector (RAS), in the publishing sector and in the extra-urban public transport sector.

Key economic and financial data