2005

Blumen

Blumen

Fineurop Soditic acted as exclusive advisor to ECP IV, fund advised by L.B.O. Italia, in the sale of 100% of Blumen S.r.l. to private equity funds managed by Arca Impresa Gestioni SGR.

This acquisition has been carried out through a leveraged management buy out transaction.

Blumen, headquartered near Piacenza, is the Italian leader in the marketing and distribution of vegetable, flower and lawn seeds and garden products to retailers.

The Company’s products are mainly addressed to hobby gardeners and to semi-professional customers.

Blumen has an headcount of 50 people and is expected to generate 2005 sales of Euro 17 million.